What is the safety stock and what is the rop

Assignment Help Business Management
Reference no: EM131259828

Chicago's Hard Rock Hotel distributes a mean of 1,000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of 100 towels per day, based on occupancy. The laundry firm that has the linens contract requires a 2-day lead time. The hotel expects a 98% service level to satisfy high guest expectations.

a) What is the safety stock?

b) What is the ROP.

Reference no: EM131259828

Questions Cloud

How many pounds of coffee beans must be sold monthly : Scott and Tom are coffee roasters. They can roast up to 12,000 pounds of coffee beans monthly at their flagship store in Soho. However, they can only sell 3,000 pounds of coffee beans in the Soho store (flagship). Thus, Scott and Tom decided to open ..
Do the consequences of actions always direct : Do the consequences of actions always direct what is morally required? What should happen when two principles come into conflict? For example, should patient autonomy be considered more important than beneficence?
Overall us healthcare system : Describe the degree to which that experience had an impact on your opinion of the overall U.S. healthcare system.Note that it is not necessary to include personal details such as diagnoses, etc. in your response.
Compare and contrast multithreading and multiprocessing : Evaluate multithreading and multiprocessing and how it affects the computer as well as the software integration. Compare and contrast multithreading and multiprocessing. Identify which operating system (Mac or Windows) performs these tasks better.
What is the safety stock and what is the rop : The hotel expects a 98% service level to satisfy high guest expectations. -  What is the safety stock? -  What is the ROP.
What is margin of safety in dollars and safety percentage : Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units. What is the break-even point in unit sales? What is the break-even point in dollar sales? What is the margin of safety in dollars? What i..
Overview and description of the article : The essays should be organized in the following manner: 1) Overview and description of the article (brief) 2) Identification of how the article relates to some element of Human resources management (HRM)
Provide key statistics and graphs regarding employees : Describe the company's organization. Provide key statistics and graphs regarding employees, customers, trading volume, and share price for at least the last three years. At a minimum, provide measures of central tendency and dispersion.
Compute firsts rop : First Printing has contracts with legal firms in San Francisco to copy their court documents. - Compute First's ROP.

Reviews

Write a Review

Business Management Questions & Answers

  Why do fuel prices fluctuate

There are many products use some derivative of crude oil in their production. Research five of these non-fuel or lubrication products. Do not list fuels or lubricants. List these products and state whether the price of these goods has followed the..

  Appropriate legislation and case law

Explain whether a party can withdraw a mistaken offer Refer to appropriate legislation and case law in your explanation

  Mentors - questions about job shadowing1 describe what you

mentors - questions about job shadowing1. describe what you might learn by job shadowing that will make you a stronger

  Illustrate what is the point elasticity at a price

What will be the total revenue at a price of $70? What will be the marginal revenue? Illustrate what is the point elasticity at a price of $70?

  What are the the different motivation theories

What are the the different motivation theories and how are they beneficial today?

  Determine or influence the recommendation for action

How does the theory determine or influence each of their recommendation for action? What theory do you agree with? How would the theory determine or influence the recommendation for action?

  Leadership and loyaltyit is often said that people are not

leadership and loyaltyit is often said that people are not loyal to organizations they are loyal to their direct

  Lowest target service level

Imagine that you operate a department store. List five products you sell, and order them from lowest target service level to highest target service level. Justify your ordering.

  Strategic control from operating control

Distinguish strategic control from operating control.

  Analyze the importance of having a competitive advantage

Analyze the importance of having a competitive advantage in health care

  Taylor corporation pursuant to a statutory merger

Superior Corporation attained Taylor Corporation pursuant to a statutory merger under state law. As a consequence of the merger Taylor Corporation's former shareholders received common stock

  Consider the following grammar

Consider the following grammar

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