Soup kitchen for the homeless

Assignment Help Operation Management
Reference no: EM133262484

Betty Cooker runs a bakery in San Francisco that specializes in her famous Black Forest cakes. She estimates that the daily demand for this cake is normally distributed with a mean of 60 and a standard deviation of 20. Each customer wants to buy exactly one cake. Every day in the morning, Betty Cooker and her team of bakers bake a fresh batch of the cakes for sale that day. Her costs to bake and top each cake are $5. Each cake sells for $20. Betty's Bakery prides itself on its fresh assortment, so cakes not sold by the end of that day are given away to a soup kitchen for the homeless.

Suppose Betty wants to bake enough cakes so that she can be 99.0% sure that she can satisfy the demand of all of her customers. How many cakes should she prepare daily in the morning? (Round your answer UP to the nearest integer.)

Reference no: EM133262484

Questions Cloud

What is gap between present state and desired future state : Explain why a change was needed. What is the gap between the present state and the desired future state? How strong is the need for change
Why is performance defining metric for strategic management : Why is performance the defining metric for Strategic Management? & include What is performance and what are its metrics?
What is your company doing to promote alignment : Hypothetical, fiction or non-fiction, for an organization that is familiar to you.
Compare the us-most emerging markets : Compared to the U.S., most emerging markets, China included, have poorly developed capital markets (stocks and bonds).
Soup kitchen for the homeless : Betty Cooker runs a bakery in San Francisco that specializes in her famous Black Forest cakes. She estimates that the daily demand for this cake is normally dis
What are the limitations of their use : EDUC 564 Sistema Universitario Ana G Mendez List some possible prefabricated patterns in English and/or any other language. What are the limitations
Direct-to-consumer sales companies : 1. How does Supply-Chain Tech help Direct-to-Consumer Sales companies gain competitive advantages?
What is some feedback you can give : What is some feedback you can give on these comments - Every position regardless of the status of it all play an important role that would help make everyone
Comparing and analyzing the different between two years : ENGL 111 Ivy Tech Community College, Indianapolis Comparing and analyzing the different between two years are better than four by Liz Addison

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd