What safety stock level do you recommend

Assignment Help Operation Management
Reference no: EM13957877

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 70 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 6. 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: EM13957877

Questions Cloud

Legality of using video systems to monitor employees at work : Explain your personal perspective on whether remote monitoring is likely to cause resentment among employees. Try to support your conclusions with references. Provide in-text citations for your sources.
Describe the five dimensions of service quality : Describe the five dimensions of service quality for a dentist's office and how performance in these dimensions might be measured. Please write in your own words
Contracts influence decision making and risk management : Do contractual relationships improve the ability of health care organizations to deliver care? Explain your answer to include some examples (cases) and discuss how contracts influence decision making and risk management.
What is meant by the term inspecting quality into product : What is meant by the term "Inspecting Quality into a Product"? If you can't inspect quality into a product, how do you get Quality into a product? Consider some of your recent purchases and explain why you bought "that" brand or "that" product. Does ..
What safety stock level do you recommend : 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 70 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 6. Ms. Flynn wou..
Predict net profit as a function of sales : A store wishes to predict net profit as a function of sales for the next year. The following table gives the years 1998 to 2005.
English bond is a type of brick laying technique : English bond is a type of brick laying technique. explain how its laid
Probability that the sample mean will be less than 7 : what is the probability that the sample mean will be greater than 10,t hat the sample mean will be greater than 12, the sample mean will be between 8 and 12, and the probability that the sample mean will be less than 7?
Discuss sam claims any defenses and their likely resolution : Sam has sued Marvin for his injuries, the loss of his ferret, and emotional distress related to these. Discuss Sam's claims, any defenses and their likely resolution. Sam's injuries, Loss of ferret and Emotional distress

Reviews

Write a Review

Operation Management Questions & Answers

  Information systems and human resource

TB is a successful international telecommunication company with over 100,000 employees and a headquarters in its base country's capital city, U. A recent report concluded that TB has been successful because it has seized the opportunities of globaliz..

  Integrate e-business operations with its traditional busines

What are some competitive issues that might lead a company to fully integrate e-business operations with its traditional business? What issues might it lead to keep its e-business as a separate unit or division? Discuss some advantages and disadvanta..

  What step-by-step approach would you propose in making a

a local cable company zeron has had a monopoly on cable services in the county. as a result the number of customers has

  Consider the difference between qualitative and quantitative

Consider the differences between qualitative, quantitative, mixed methods, and action research. Discuss your basic understanding of each strategy.

  Current daily demand of the check processing facility

Markland First National Bank of Rolla utilizes kanban techniques in its check processing facility. The following information is known about the process. If there are 3030 kanban containers in ?use, the current daily demand of the check processing fac..

  Calculate average number of customer waiting

Andrew the barber owns a four chai shop. andrew estimated that each barber would take an average of 30 min to give a haircut in an exponentially distribution fashion.

  Formulating a business-level strategy

All of the following are decisions that should be addressed when formulating a business-level strategy EXCEPT:

  A how does your organization find out customer

a. how does your organization determine customer requirements?b. how are your organizations core competencies tied

  Develop material requirement plan

The MPS for product A calls for 100 units to be completed in week 4 and 200 units in week 7 (the lead time is 1 week). Spare part demand for Item B is 10 units per week.

  Describe and explain how one leadership model

Describe and explain how one leadership model (a model deemed valid by today's research standards, as discussed in the module material) interacts with the most important performance outcomes with regard to teams.

  The effectiveness of controls be assessed in an organization

Analyze the four steps of the control process and explain how each step contributes to the control function. Describe the three types of controls. How can the effectiveness of controls be assessed in an organization

  How might financial constraints impact the situation

What are the driving forces or most compelling reasons for addressing this challenge. How might financial constraints impact this situation

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