What is the standard deviation of demand for pickles

Assignment Help Operation Management
Reference no: EM132244508

1. Franklin BBQ is open 7 days per week. Joe Bob reorders pickles every Monday for delivery Wednesday. Average daily demand is 10 gallons with a standard deviation of 2 gallons per day. What is the standard deviation of demand for pickles during the review period plus the lead time (e.g., the uncertainty period)?

2. Hansel and Gretel sell gingerbread houses at the airport. They buy the houses from an old witch living in Montrose. The average demand and standard deviation of demand during replenishment are 45 and 15 units, respectively. How much safety stock is required for a 97% probability of not stocking out during replenishment lead time?

Reference no: EM132244508

Questions Cloud

Compare and contrast extrinsic vs. intrinsic motivation : Compare and contrast extrinsic vs. intrinsic motivation.
Describe why effective strategic planning : Describe why effective strategic planning is and should be an ongoing process.
Supplier always avoids shortages with overtime production : A supplier always avoids shortages with overtime production. What are the best base-stock level. the corrsponding average ocost per period?
Process flowcharting-improving process-summarizing results : Purpose of Assignment The purpose of this assignment is for students to learn process flowcharting/improving a process and summarizing the results.
What is the standard deviation of demand for pickles : What is the standard deviation of demand for pickles during the review period plus the lead time (e.g., the uncertainty period)?
Stock out of houses before the replenishment arrives : what is the probability they do not stock out of houses before the replenishment arrives?
Important during the strategic planning process : Explain the leadership tasks that are important during the strategic planning process.
Relation of positioning and industry structure : Define isolating mechanisms and how do they work? Relation of positioning and industry structure.
Cost of producing goods as they compete in global market : Discuss some viable solutions as U.S. corporations continue to optimize cost of producing goods as they compete in a global market.

Reviews

Write a Review

Operation Management Questions & Answers

  Using the concepts from process strategy

Using the concepts from process strategy, explain ... Why you believe major automobile manufacturers do not make ambulances?

  Application typically means producing valuable behavior

Application typically means producing valuable behavior; valuable behavior usually meets extra-experimental reinforcement in a social setting; thus, valuable behavior, once set up, may no longer be dependent upon the ______ technique which created it..

  Analyze your subject leaders style

Select a leader from the TIME list who you consider to be an outstanding example of visionary leadership.

  Accounting techniques to level out net income fluctuations

Income Smoothing is the use of accounting techniques to level out net income fluctuations from one period to the next. Companies indulge in this practice because investors are generally willing to pay a premium for stocks with steady and predictable ..

  Decide which SLA is better based on your comparisons

Compare the SLAs in terms of two other criteria. Decide which SLA is better based on your comparisons.

  International manager can identify ethical norms in culture

What are the practical ways an international manager can identify ethical norms in another culture?

  Discuss about an act of congress

Because the sale of such weapons to that country was illegal under an act of Congress, the U.S. government prosecuted Smith for making the contract.

  Purchasing and supply management

Outline the role of a materials management system in a specific industry and discuss what the key elements would be in determining the need for Just-In-Time inventory. Include both positive and negative aspects that would be considered in the decisio..

  What is the overall equipment efficiency values

Breakdowns and defective products manufactured over the last 15 days on a CNC-27 machine are presented in the following table.

  The most common best naive model

For time series data, the most common best naive model is:

  Investigate and modify workplace visual media communication

You work for a marketing organization that has taken on a new client. The new client is originally an American company which targets American clients.

  What has been your experience with strategic plans

What has been your experience with strategic plans? Have they been a help or a hindrance?

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