A company sells spare parts for cars and uses a, Ask an Expert

Management Studies

A company sells spare parts for cars and uses a t,S-replenishment policy for a certain product. Replenishment orders are issued every 4 weeks, delivery lead time is 2 weeks. Average weekly demand is normally distributed with mean 5 units and standard deviation 2 units. At the start of a period the physical stock amounts to 12 units. There are not backorders and no outstanding deliveries. The manager issues an order of 23 units.

a) How large is the order-up-to level in this situation?

b) Which fill-rate can be achieved?

c) If the manager wanted to achieve a fill-rate of 98.3%, how many units must he order?

d) Explain the relationship between inventories, service levels and order-up-to level (S)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92567340

Have any Question?Write your Review or question?

Related Questions in Operation Management

Robots everywhere corporation rec is a small industrial

Robots Everywhere Corporation (REC) is a small industrial equipment company located north of Boston. It was founded in 1990 by recent engineering graduates who had a dream of making robots a common household item. REC de ...

1 why is freedom an important ethical issue in marketing

1. Why is freedom an important ethical issue in marketing? Describe how the consumer’s freedom may be transgressed by marketing. As much as possible, identify specific marketing strategy in your response. 2. What are wag ...

1 to be copyrightable a work musta be internationally

1. To be copyrightable, a work must: a. be internationally known b. none of the other choices are correct c. be original d. be recognizable to the general public e. be at least 5 years old 2. In Erichsen v. No-Frills Sup ...

You are working for a fashion company as an e-commerce

You are working for a fashion company as an E-Commerce consultant. Suppose you have been asked to design an online store for the company. How do you promote your online store through social media? How to evaluate your on ...

1 allergenstudy the internal resources capabilties core

1. Allergen Study the internal resources, capabilties, core competencies and value chain of the firm you have selected for this project. A good place to start with an internal firm analysis is to catalog the assests a fi ...

In your post consider the various attributes of a

In your post, consider the various attributes of a transportation management system (TMS), rate shopping, routing optimization, shipment tracking, payments and invoicing, and reporting. Explain which capability you feel ...

Calculate the unweighted average and identify the median

Calculate the unweighted average and identify the median for the following company's wages. also calculate the weighted average for both companies wages together. Company a. 8.00 8.15 8.25 9.00 8.00 Company b 8.25 10.00 ...

1 consider a hypothetical company who is considering itex

1. Consider a hypothetical company who is considering itex expansion in India (soft drink company) Need the below information Working Condition a) Employee-employer relation b) Employee participation c) Salaries,Wages an ...

Us tariffs on chinese solar panels benefit malaysiain 2009

U.S. Tariffs on Chinese Solar Panels Benefit Malaysia In 2009 as the global financial crisis took hold Chinese factories were quickly increasing production of solar panels. They were helped by subsidies in the form of la ...

1nbsp you company needs to ship large piece of construction

1. You company needs to ship large piece of construction equipment which costs about $500,000 to a customer across the country. Shipping by rail costs $3,000 and will take 8 days. Your company uses 20 % to determine the ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert