A warehouse manager at mary beth marrs corp needs to, Ask an Expert

Management Studies

A warehouse manager at Mary Beth Marrs Corp. needs to simulate the demand placed on a product that does not fit standard models. The concept being measured is "demand during lead time," where both lead time and daily demand are variable. The historical record for this product, along with the cumulative distribution, appear in the table. Random numbers have been generated to simulate the next 5 order cycles; they are 91, 45, 37, 65, and 51. What are the five demand values? What is their average?

Demand During Lead Time	Probability	Cumulative Probability
100	.01	.01
120	.15	.16
140	.30	.46
160	.15	.61
180	.04	.65
200	.10	.75
220	.25	1.00

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92173992

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 employees have a right to privacy but employers also have

1. Employees have a right to privacy, but employers also have a right to create and maintain an efficient and safe workplace. Do you think that existing laws strike an appropriate balance between employers' rights and em ...

1 briefly describe some possible strategies that could be

1. Briefly describe some possible strategies that could be implemented to eliminate (or at least reduce) the impact of such toxins. Discrimination and harassment (e.g. racial, sexual) Employee fears regarding job loss 2. ...

Assignmentwrite a 400- to 700-word paper in which you

Assignment Write a 400- to 700-word paper in which you describe leadership methods and theories that may lead to an effective culture in the public sector. Focus on leadership methods and theories that we have discussed ...

Read and cite two articles in the university library on a

Read and cite two articles in the University Library on a current event or issue. One article should come from a newspaper and the other from a magazine or journal. The key factor is that they come from the University Li ...

Discusses stimulus factors in advertising use google videos

Discusses stimulus factors in advertising. Use Google Videos or Google Images to find examples of the advertisements for the Ford Fiesta’s advertising campaigns. Evaluate those advertisements based on the following stimu ...

Part 1 at least a 100 words for the answers to both

Part 1: At least a 100 words for the answers to both questions. Examine ethical behavior within firms in relation to financial management. Provide two (2) examples of companies that have been guilty of ethics-based malfe ...

Diagram the search strategy you would use when looking for

Diagram the search strategy you would use when looking for information on the topics list below: Example: You need to read a dramatic play by Shakespeare Shakespeare + Play – Comedy OR Shakespeare + Play + Drama Use alte ...

1 what are starbucks core competencies do the new

1. What are starbucks' core competencies? do the new businesses allow Starbucks to leveragege those competencies? 2. Do Starbucks' diversification efforts appear to be primarily about increasing growth or increasing shar ...

Please give me a useful clue as to the following case

Please give me a useful clue as to the following case study. The Managing Partner of the corporate advisory firm in which you work was very pleased with your work in preparing a briefing paper for the initial meeting wit ...

Race one motors is an indonesian car manufacturer at its

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,400 per y ...

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