A local bar serves a premium draft beer to its customers, Ask an Expert

Management Studies

A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of 16 litres. The lead time required to receive an order of beer from the local distributor is 12 days. a. Determine the safety stock and reorder point if the bar wants to maintain a 90% service level. b. What would be the increase in the safety stock if a 95% service level is desired? c. If the manager decides to set the safety stock to be 80 litres, what will be service level?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93100126

Have any Question?Write your Review or question?

Related Questions in Operation Management

If the mtbf is 60 hours the failure rate is per hour0750 b

If the MTBF is 60 hours, the failure rate is (per hour) 0.750 B. 0.001 C. 0.017 D. zero As the RDF increases, the measure of risk exposure is affected: A. inversely B. directly C. not at all Assuming that the reliability ...

1 an important difference between the accountable care

1. An important difference between the Accountable Care Act’s ACO program and the existing Medicare Advantage program is: a. The access to care b. The quality of care c. The role of physicians d. The role of insurance co ...

You are a telecommunications guru and love to help

You are a telecommunications guru and love to help individuals and businesses. Assume that dialup, cable, DSL, T3 line, and satellite links to the Internet are available everywhere unless the particular scenario indicate ...

This report is primarily intended to analyze and present

"This report is primarily intended to analyze and present the potential financial success and profitability of Zivago Private Limited, an online media portal which is proposed to be launched in the local market in Singap ...

1 aleta is developing a new software company she locates

1. Aleta is developing a new software company. She locates her business in an industrial park that offers low rent and shared support staff to start-up companies. This is an example of a ________. A) business incubator B ...

1 discuss how the flexible firm model makes use of

1. Discuss how the flexible firm model makes use of different forms of human resources. Illustrate your answer with examples. (By making use of different types of labour flexibility: numerical, functional, outsourcing, t ...

A project completion time can be assumed to be represented

A project completion time can be assumed to be represented by a normal distribution curve. The project is expected to complete in 36 weeks with a path variance of 6.67. Base om the information provided, calculate: Calc ...

Please answer each question in at least 75 words and be

Please answer each question in at least 75 words, and be sure to cite any sources used. 1. Describe the quantitative analysis approach, to include a high level overview of the importance of identifying the problem, devel ...

Imperial jewelers manufactures and sells a gold bracelet

Imperial Jewelers manufactures and sells a gold bracelet for $406.00. The company’s accounting system says that the unit product cost for this bracelet is $259.00 as shown below: Direct Materials: $143 Direct Labor: 85 M ...

In the highly turbulent airline industry southwest airlines

In the highly turbulent airline industry, Southwest Airlines is one of the healthiest companies, continuing growth and profit in a climate that is threatening the survival of other airlines. Much of its success is attrib ...

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