What is the appropriate reorder point

Assignment Help Operation Management
Reference no: EM13231586

Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 7. Ms. Flynn would like to maintain a 90% service level. a) what safety stock level do you recommend for BX-5 b) what is the appropriate reorder point?

Reference no: EM13231586

Questions Cloud

Describe the catalytic triad chymotrypsin : The catalytic triad chymotrypsin consists of an aspartic acidresidue, a histidine residue, and a serine residue. Drawthese residues in the form, charge, and alignment that they wouldbe in at the active site at pH 7
Determine the factors of good management : Determine the factors of good management you would apply to establish this competitive advantage.
Formulate a linear programing model : Solve the model using Excel solver. Give the value for each decision variable and the objective function.
Explain how to prepare phosphate solution : Describe how you will prepare the 1.00 x 10-3 M phosphate solution using the phosphate stock solution provided (1.00 x 10-1 M) to create a 200 mL of 1.00 x 10-3 M phosphate solution.
What is the appropriate reorder point : Flynn would like to maintain a 90% service level. a) what safety stock level do you recommend for BX-5 b) what is the appropriate reorder point?
Define the inflammatory process and infectious diseases : inflammatory process that is acute or chronic, local orsystemic, Which of the other emerging infectious diseases has similar lesions
What determines level of competitive intensity in industry : According to Porter, what determines the level of competitive intensity in an industry?
Prehistoric western europe period : What are some of the Cultural and Historical developments during prehistoric Western Europe period?
Imagine that your client hillside county forest preserve : Imagine that your client, Hillside County Forest Preserve (HCFP)

Reviews

Write a Review

Operation Management Questions & Answers

  Compute the annual inventory turnover rate

Johnson corporation has the following information about a product that it carries in stock: Average demand= 40 units per day Average lead time= 15 days Item unit cost= $55 for orders of less than 400 units Item unit cost= $50 for orders.

  Reduce crime versus random patrols of the streets

Compare and contrast the application of information technology (IT) to optimize police departments' performance to reduce crime versus random patrols of the streets.

  Create a simulation model of this system

The coffee breaks are staggered, starting at 90 min into every shift. Meal breaks also staggered starting 3.5 hrs into every shift. Create a simulation model of this system. In the simulation, draw a simple layout of the above system.

  Elucidate how would you have ruled on the case

Elucidate how would you have ruled on the case when it was tried in 2001. Elucidate. Would the result be any different today after the Supreme Court's 2005 decision in the New London, Connecticut, case. Elucidate.

  Compute the labor productivity and the multifactor

Compute the labor productivity and the multifactor productivity for each unit. Use an 8 hour day for multifactor productivity. And if a new procedure is introduced that allows employees to process one additional customer per day

  Unemployment rates were higher than expected

The latest economic news was not very positive. Unemployment rates were higher than expected, consumer confidence had fallen

  Formulate problem as a linear programming problem

Profit contributions are $6 per bunch of roses and $8 per bunch of carnations. Formulate this problem as a linear programming problem.

  Determine dealers optimal decision without conducting survey

An appliance dealer must decide how many (if any) new microwave ovens to order for next month. The ovens cost $220 and sell for $300.

  Draw a decision tree showing the decisions and chance events

Draw a decision tree showing the decisions, chance events, and their probabilities, as well as the profitability of outcomes, and solve the decision tree EVsmall expansion = $, EVlarge expansion = $

  Identify the existing and potential sources of waste

For one or more of the sources of waste identified in part a) write a one paragraph description of what you would do as Operations Manager to reduce or eliminate this waste.

  What is the chocolate raw material safety stock

What is the chocolate raw material safety stock Christian needs to hold? What is the expected inventory level for the chocolate raw material?

  Formulate the linear programming

Formulate the linear programming (LP) model for this problem by stating the decision variables, writing the objective function, and all the relevant constraints.

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