Describe what is the reorder point, Operation Management

Assignment Help:

The injection moulding department of a company that operates 24x7 uses an average of 20 gallons of special lubricant per day. It takes two weeks for an order of lubricant to be delivered.

a. If safety stock is enough for two days, what is the reorder point?

b. If the usage of lubricant is normally distributed, with a standard deviation of 5 gallons per day and the company wants a service level of 87%, what is the reorder point?


Related Discussions:- Describe what is the reorder point

Explain overwhelming moral dilemmas, Should ethical concerns be part of lif...

Should ethical concerns be part of life's everyday experience, or is it only necessary when we are faced with overwhelming moral dilemmas? Please state why you have come to this co

Explain bill could protect the data and systems, Make a list of five ways t...

Make a list of five ways that Bill could protect the data and systems that he is going to put in place. Consider the type of data and systems that would be relevant to Bill's pizz

Define criteria that considered to perform the project, One of the most imp...

One of the most important aspects of managing risk for a project is to accurately define the size of the project. Determine the criteria that must be considered to perform the proj

Explain total quality improvement organizational downsizing, Analyze how ea...

Analyze how each has changed healthcare delivery on both the macro and micro levels. Provide specific examples of how both macro and micro impacts/changes: Total quality improvemen

Explain competitive strategy relate to value chain structure, How does comp...

How does competitive strategy relate to value chain structure?

Explain the challenges human resource managers, Research and create a four ...

Research and create a four page formatted document in which you discuss the challenges human resource managers face in the workplace today

Linear programing, Ask question #Minimum 100 words acceptNas food produces ...

Ask question #Minimum 100 words acceptNas food produces to kinds of popular dark chocolate bars. the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where a

Explain employee stock ownership plans, State the reasons why historically,...

State the reasons why historically, union leaders did not support Employee Stock Ownership Plans (ESOPs)? Why has there been a notable growth since 1975 in these plans? Outline the

Define necessary for business organizations to act ethically, Suggest two r...

Suggest two reasons why it is necessary for business organizations to act ethically, and provide support for your rationale.

What are the advantages of a partnership with a friend, The consensus is hi...

The consensus is hiring friends may not work well. Let's talk about partnerships. What are the advantages and disadvantages of a partnership with a friend?

Write Your Message!

Captcha
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