Explain how much safety inventory does the store carry, Operation Management

Assignment Help:

Demand during lead-time for HP printers at a Sam's club store is normally distributed, with a mean of 500 and a standard deviation of 150. The store manager continuously monitors inventory and order 1,000 printers when the inventory drops to 800 printers. How much safety inventory does the store carry? What service level does Sam's club achieve as a result of this policy?

Please show all steps clearly. I will give the points to who can provide an answer with all steps included showing how they got the answer


Related Discussions:- Explain how much safety inventory does the store carry

Airbus, 1)?An analysis of type of operations carried out and operating proc...

1)?An analysis of type of operations carried out and operating processes (i.e., project, batch, mass, professional service, service shop,?mass service, etc.) 2)?An identification

Determine the price and quantity of toasters, Determine the price and quant...

Determine the price and quantity of toasters: There are 100 producers of toasters. Half of the producers are "low quality," i.e. their products will break with probability of

Linear programming, A paper mill produces two grades of paper viz., X and Y...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Describe the areas needing improvement as a communicator, • From the scenar...

• From the scenarios, we see that Chris and Erica have different communication styles that could potentially have a negative impact on the business. Suggest at least two strategies

Explain cost variance and schedule variances for each task, You are the pro...

You are the project manager for the following project which started Feb. 1st, 2009. It is now March 1sr, 2009. Prepare a monthly status report for February 2009, using the project

Products produced by project, 1. Identify products which you would expect t...

1. Identify products which you would expect to be produced by each of the following configurations: project, job shop, and batch and continuous. Answer: Many possible answers:

Tools and techniques of layout planning, Tools and Techniques of Layout Pla...

Tools and Techniques of Layout Planning Various techniques are available for planning the layout. The most commonly used techniques is the use of two dimensional templates. O

What kinds of gatekeepers in the organization required, What kinds of "gate...

What kinds of "gatekeepers" in the organization might be especially helpful to you in your position as a department supervisor?

Explain cango is looking at ways to grow its business, CanGo is looking at ...

CanGo is looking at ways to grow its business. How should they approach the decision on how to do it?

Explain what is the multifactor productivity for each system, A grocery cha...

A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier

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