Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Assuming the sales of Hudson Valley Model Y ceiling fan have a mean daily demand of 16 fans with a standard deviation of 3 fans. If the store orders directly from the manufacturer, the fans take, on average, 9 days to arrive with a standard deviation in lead time of 2 days. The store manager has decided to maintain a 95% service level. What is the reorder point and safety stock?

 

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92589230

Have any Question?


Related Questions in Operation Management

1 a bitcoin payment service might receive thousands of

1. A Bitcoin payment service might receive thousands of payments from various users near-simultaneously. How can it tell whether a particular user Alice who logged into the payment service website and initiated the payme ...

1 is price always a result of costs and demand what

1. Is price always a result of costs and demand? What opportunities do businesses have to charge a premium? Give examples. 2. List 5 internal factors for Delta Airlines. Make sure that you discuss the importance of each ...

Assignmentchoosing the right mentor is critical to ones

Assignment Choosing the "right" mentor is critical to one's long term success in life. Mentors assist us in determining what it takes to be successful in one's chosen vocation, academic program, or in reaching a short or ...

The knowing-doing gap is one of the big challenges of

The "knowing-doing gap" is one of the big challenges of strategy. Some recent research has suggested that what makes companies exceptional is their ability to execute/implement their chosen strategy. Based on your readin ...

Read through the tree trimming project case this case

Read through the Tree Trimming Project case. This case refers to the earned value (EV) of the owner, Will Fence’s Tree Trimming business. Will briefly describes his techniques for EV. Based on the description provided in ...

1 discuss some issues associated with contracting out

1. Discuss some issues associated with contracting out? Explain the concept of the “hollow state.” 2. How does teslas decision to produce its own batteries impact management of the company’s value chain? 3. Do you think ...

You are the assistant to the managing director md of an

You are the assistant to the Managing Director (MD) of an open-air gardening business that does a brisk week-day trade in indoor and outdoor plants, tools, chemicals and simple prefab buildings. The business has greenhou ...

1 you are the marketing manager of a food product company

1. You are the marketing manager of a food product company that is considering entering the Indian market. The retail system in India tends to be very fragmented. Also, retailers and wholesalers tend to have long-term ti ...

1 how do small businesses handle human resource management

1. How do small businesses handle human resource management issues? A. Small businesses are exempt from employment laws and do not need to concern themselves about human resource management issues. B. All HR activities a ...

A define lsquotrade secretrsquo b what must you do to

a) Define ‘trade secret’. (b) What must you do to protect your company’s trade secrets? (c) Do you think all wrongful taking of protected trade secrets should be a crime, punishable by criminal fines and prison? Or would ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As