User Account

All Pages

What should be the safety stock for the item

Assignment Help Accounting Basics
Reference no: EM132810008

M.66 Overstock.com sells a variety of products that are sourced from around the world. Here is some information about a very popular bamboo doormat:

Demand (per month) = 47
Variation in demand (per month) = 22
Lead time (in weeks) = 5 (It is sourced from overseas, hence the long lead time.)
Desired service level = 85%

Problem 1: Given the above information, what should be the safety stock for this item? (Assume 30 days per month. two decimal places.)

Problem 2: What should be their reorder point?

Reference no: EM132810008

Questions Cloud

Major issues or concerns for employees at mike inc : Q1. What are the major issues or concerns for employees at Mike Inc.?
What is the full product cost for the year : What is the full product cost for the year? desired operating income as a percentage of total assets, 15%; budgeted production, 200,000 units
What are the critical analysis of challenges : What are the Challenges and Problems associated with Capital budgeting for healthcare organizations?
What is the basis for declaration : George Halvorson declares that "health care is the epitome of a nonsystem" (2009, p. 2).
What should be the safety stock for the item : What should be the safety stock for this item? Lead time (in weeks) = 5 (It is sourced from overseas, hence the long lead time.)
What is the cash contributed by karrie to the partnership : What is the cash contributed by Karrie to the partnership? Karrie, Mandy and Elise formed a partnership to be named KME Co-Partnership on January 1, 2020.
Evaluate the success of an onboarding program : What are the consequences of an ineffective, or inadequate, onboarding program from both employee and organizational perspectives.
Pros and cons of pursuing a csr strategy in china : The key cultural differences between Italy and China and how this may impact HRM and managerial practice.
Journalize and posting the adjusting for january : Journalize and posting the adjusting for 31 January 2017. Accrued salary on 31 January: - salesmen salary is $ 450 - office employee salary is $ 550

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd