What safety inventory should the store carry

Assignment Help Basic Statistics
Reference no: EM1388513

Assume that the best buy store has a policy of ordering cellphones from motorola in lots of 500. weekly demand for motorola cellphones at the store is normally distributed, with a mean of 300 and standard deviation of 200. Motorola takes two weeks to supply an order. if the store manager is targeting a fill rate of 99%, what safety inventory should the store carry? What should its ROP be?

Reference no: EM1388513

Questions Cloud

Glycolytic enzymes : Scientists can use mutants to study metabolic pathways. These organisms have mutation in gene encoding a metabolic pathway enzyme that results in inactivation of that enzyme.
Write program to prompt user to enter year-find leap year : Write down program to prompt the user to enter year, and then tells user whether it is leap year. If user doesn't enter valid year (i.e., a positive integer).
Function of finance manager : Function of finance Manager and profit maximization does consider the impact on individual shareholder's EPS.
Find the genotypes of the described male and female : Think about a cross between a male who has vitamin D resistant rickets and a female who has fully functional PHEX protein and does not express vitamin D resistant rickets.
What safety inventory should the store carry : Motorola takes two weeks to supply an order. if the store manager is targeting a fill rate of 99%, what safety inventory should the store carry? What should its ROP be?
Find the speed of the bullet at impact with the block : The bullet becomes embedded in the block. If bullet-block system compresses the spring by a highest of 88.0 cm, what was the speed of the bullet at impact with the block.
Ketohexose monosaccharide found in honey : Fructose is a ketohexose monosaccharide discovered in honey, fruits, and other sources. It is also added to some foods and drinks as a sweetener.
Importance of epidemiology research : An example of an area in which epidemiologist might specialize is in design of research studies. How would the epidemiologist's contributions to a research study be different from those of other public health professionals?
What is the magnitude of the net gravitational force on mass : Three identical masses of 430 each are placed on the x axis. One mass is at = -14.0, one is at the origin, and one is at = 37.0.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Confidence interval for the population mean

Determine the 95% confidence interval for the population mean, based on the sample mean.

  Decision to do a hypothesis test

Suppose the population is normally distributed they make a decision to do a hypothesis test.

  What are the managerial implications of these findings

You are the production manager of a company. Parachutes are woven in your factory using a synthetic fiber purchased from one of four different suppliers. The most important outcome for parachutes is strength of the fabric.

  Control limits and x bar chart

Thirty-two samples of 8 items each were collected from a process. The average sample mean is 12 and the average range is 0.10. The upper and lower control limits, respectively, for an:

  Statistical process control

ABC Corporation has been using statistical process control for several months.

  Confidence interval for population mean number weekly miles

Find a 99% confidence interval for the population mean number of weekly miles.

  Category of decision rule contain maximax decision rule

Category of decision rule which contains maximax decision rule is?

  Critical value of f test for similar level of significance

Find out  the critical value for the given degrees of freedom of the F-test also the lower-tailed critical value of F test for the similar level of significance

  Probability of choosing home security

What is the probability all three of the selected homes have a security system?

  Range of values for a coefficient of correlation

Illustrate is the range of values for a coefficient of correlation. Illustrate degree of relationship do values of the correlation coefficient (r)with magnitudes close to 1.00 indicate.

  Computing probability values using normal distribution

Determine the z values for 29 and 34 hours. What percent of the garages take between 32 hours and 34 hours to erect?

  Preparting chart using z-value

In addition, record the values for the UCL, center line, and LCL. Also, record any points that are out of control. Use a z-value of three.

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