What is the average amount of safety stock of the chemical

Assignment Help Operation Management

Reference no: EM132190436

A lab orders a number of chemicals from the same supplier every 30 days. The lead time is six days. The assistant manager of the lab must determine how much of one of these chemicals to order. Check of stock reviewed that 10 jars of 25-milliliter (ml) are on hand. Daily usage of the chemical is appropriately normal with a mean of 12.5 ml per day and a standard deviation of 4.5 ml per day. The desired service level for this chemical is 95%. a) How many jars of the chemical should he ordered? b) What is the average amount of safety stock of the chemical?

Reference no: EM132190436

Questions Cloud

Provide an example of an implicit and explicit bias : Provide an example of an implicit and an explicit bias. The examples may be from your own life, from something you have observed.

Difference between self- portrait and self awareness : Define and explain the difference between self- portrait and self awareness?

Discuss how obtaining skills makes changes to the brain : Write a 1,050- to 1,200-word instruction paper on the processes involved with attaining expertise, reference the chapter in your text titled, "Expertise".

Especially the terms and conditions including price : Discuss contract negotiations, especially the terms and conditions including price, scope of work, and so on.

What is the average amount of safety stock of the chemical : How many jars of the chemical should he ordered? What is the average amount of safety stock of the chemical?

Discuss why you feel that explanation is most plausible : Which side of the argument of repressed memories did you find to be the most compelling? Drawing on material from the course, choose one side of this debate.

What were your impressions about the play : Modernism had human beings looking inward to try to better understand themselves, rather than just considering their exterior world.

Discuss about the counseling approaches : If looking at counseling approaches as an example, I often use a psychoeducational approach with some clients and have to be cognizant of the fact.

Was alcoa justified in changing management at facility : Was Alcoa justified in changing management at facility for failure to report work-place accidents, even though no serious harm resulted from workplace incident.

User Account

All Pages