What safety stock level do you recommend for bx-v

Assignment Help Basic Statistics
Reference no: EM131638157

Question: Linda lechner is in charge of maintaining hospital supplies at general hospital. duing the past year the mean lead time demand for bandage BX-5 was 60. Furthermore, the standard deviation was 7. Linda would like to maintain a 90% service level, what safety stock level do you recommend for BX-5?

Reference no: EM131638157

Questions Cloud

What is the difference between discipline and punishment : What is the difference between discipline and punishment? Which discipline technique makes the most sense to you and why?
Calculate the debt ratio : Gi Gi's Bakery has total assets of $451 million. Its total liabilities are $123 million. Its equity is $328 million. Calculate the debt ratio
Define the common diseases of the male reproductive system : What are some of the common diseases of the male reproductive system, What tests are used to diagnose such diseases
The economic model of a perfectly competitive market : in what ways are U.S. agriculture markets similar to the economic model of a perfectly competitive market?
What safety stock level do you recommend for bx-v : Linda lechner is in charge of maintaining hospital supplies at general hospital. duing the past year the mean lead time demand for bandage BX-5 was 60.
What was the amount of revenue for july : Received $1,030 cash for services provided to a customer during July. What was the amount of revenue for July
Explain symptoms associated with an exacerbation of copd : What are the common symptoms associated with an exacerbation of COPD
Law prohibit discrimination against transgender persons : Should the law prohibit discrimination against transgender persons? Why or why not? What are some of activities that contribute to effective change management?
Calculate the incremental net income : Zane Wheels produces lawn mower tires in batches of 1,200 at a cost of $2.40 each. Calculate the incremental net income

Reviews

Write a Review

Basic Statistics Questions & Answers

  Develop a payoff cost table for this situation what

beverly mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the

  Description of algebra-inequalities

Use x for the number of bats and y for the number of balls made per week. The number of work-hours avaiable for construction and finishing is fixed.

  Find variance and shape of distribution of sample means

Large non-normal population with a mean of 10 and variance of 16, what would be the mean, variance, standard deviation and shape of the distribution of sample means? Give reasons for your answers.

  Is there a linear relationship between the two variables

The regression was run using a random sample of 213 firms listed in the Value Line Investment Survey. The reported results are where the number in parentheses is the standard error. Is there a linear relationship between the two variables?

  Confidence interval for the mean number of microwaves

What is the 95% confidence interval for the mean number of microwaves sold at a retail store in the chain last week?

  Calculate descriptive data statistics

1. (The Excel file BASE.XLS, found on the CD that came with your Berk and Carey text, has average career batting averages for 263 major league baseball players at the start of the 1988 season. a. Calculate descriptive data statistics (e.g., mean, ..

  Characteristics of a restaurant might a traveler use

When traveling, some motorists assume that a restaurant has good food and reasonable prices if there are a lot of trucks parked outside. What other observed characteristics of a restaurant might a traveler use in deciding whether to stop and eat?

  Data analysis on creativitypre and creativitypost

Please construct an appropriate chart/graph that displays the relevant information for these two variables (comparative mean score of creative pre-post test).

  System functioning properly during one period of operation

What is the event corresponding to the above system failing during one period of operation and what is the event corresponding to the above system functioning properly during one period of operation?

  Before receiving the result the physician assigned his

the rapid test is used to determine whether someone has hiv the virus that causes aids. the false-positive and

  Psychologist arranged for eight randomly selected

A consumer psychologist asked to test a claim by a swimming school that its instructors could teach the average seven-year-old to swim across an Olympic-sized pool in less than 2 minutes. The psychologist arranged for eight randomly selected seven..

  Problem regarding the weibull distribution

Consider a random sample X1 ,X2 ,• • • , X,, from the Weibull distribution with p.d.f. f( x; 0, -r) = 0-rxi - 1e-0xr, 0 x oo, where O 0, 0 -r, zero elsewhere. (a) If -r is known, find the m.l.e. of 0.

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