Specified by normal distribution with mean lead time

Assignment Help Operation Management

Reference no: EM131035691

The daily demand of a product is very stable at 250 units per day. However, it's delivery lead time varies and can be specified by a normal distribution with a mean lead time of twelve days and standard deviation of three days. What are the safety stock and reorder point for a 97.5 percent service level?

Reference no: EM131035691

Questions Cloud

Find the corresponding torsional moment m : The conveyor belt is pre-tensioned with the 300-lb horizontal force. The coefficient of kinetic friction between the belt and platform P is µk = 0.2 , and the coefficient of static friction between the belt and the rim of each wheel is . µs = 0.35

Differences in factor intensity between stages of production : “Differences in factor intensity between stages of production are very important for firms engaged in vertical FDI than horizontal FDI” Explain why.

Reduce the potential severity of the top five hazards : Based on your knowledge of health and safety matters and your actual observations of operations that are similar to ours , make a list of the potential hazardous conditions employees and others face at Learn In Motion. What should we do to reduce the..

Breakeven and leverage wingler communications corporation : BREAKEVEN AND LEVERAGE Wingler Communications Corporation (WCC) produces premium stereo headphones that sell for $28 80 per set, and this year's sales are expected to be 450,000 units. Variable production costs for the expected sales under present..

Specified by normal distribution with mean lead time : The daily demand of a product is very stable at 250 units per day. However, it's delivery lead time varies and can be specified by a normal distribution with a mean lead time of twelve days and standard deviation of three days. What are the safety st..

Implementing efficient code on the gpu with cuda : Com4521/Com6521: Parallel Computing with GPUs. The aim of the assignment is to test your understanding and technical ability of implementing efficient code on the GPU with CUDA. You will be expected to benchmark and optimise the implementation of a..

Determine if the farmer can successfully restrain the cow : A 180-lb farmer tries to restrain the cow from escaping by wrapping the rope two turns around the tree trunk as shown. If the cow exerts a force of 250 lb on the rope

Write a paper about major factors that contribute to project : Write a two pages paper about the major factors that contribute to project's success? describe and justify your position.

Breakeven and operating leverage : a. Given the following graphs, calculate the total fixed costs, variable costs per unit, and sales price for Firm A. Firm B's fixed costs are $120,000, its variable costs per unit are $4, and its sales price is $8 per unit.

User Account

All Pages