Consider a continuous review inventory system demand is, Ask an Expert

Management Studies

Consider a continuous review inventory system. Demand is normally distributed with an average of 13,600 per month and a monthly standard deviation of 225 units. Lead time is one week (assume 4 weeks per month). If the firm desires a 97% CSL, how many units of safety stock should be held, and what re-order point ) should be used? (Keep 3 decimals for the standard deviation, but round and to the nearest whole number.)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91873326

Have any Question?Write your Review or question?

Related Questions in Operation Management

In at least 500 words perform the following stepsstep 1

In at least 500 words Perform the following steps: Step 1: Identify global technology trends. What do you think are the top 3 technology global trends in business today? Step 2: Identify technology. Identify what technol ...

We all know the cost of benefits typically increase year

We all know the cost of benefits typically increase year over year. For the past three years, those increases to benefits cost have grown more than what is comfortable for the employer to absorb. You are the Benefits Man ...

Gven this information expected demand during lead time

Given this information: Expected demand during lead time = 330 units Standard deviation of lead time demand = 20 units Use Table. (Z Table) Determine each of the following, assuming that lead time demand is distributed n ...

1 how integrated are complementary and alternative

1. How integrated are complementary and alternative practices into current health systems? 2. What is integrative medicine 3. State the fundamental objective of a firm's location strategy. How is this basic objective car ...

In this chapter you learned that a pampl statement is used

In this chapter you learned that a P&L statement is used to report revenue, expense and profit. In many cases, noncommercial foodservice operators such as those responsible for schools, colleges and universities, health ...

1 which governmental entity has primary responsibility for

1. Which governmental entity has primary responsibility for enforcing claims of employment discrimination? a. The Equal Employment Opportunity Commission b. The National Labor Relations Board c. The United States Senate ...

I need help with this question below with a 400 words

I need help with this question below, with a 400 words summary with body and 2 - 3 references, How would you summarize the main point of the Activities Contributing to effective Change Management in Organizational Change ...

Need 1500 words give full answer pleasecompany wal-mart

Need 1500 words give full answer please Company: Wal-Mart (write on the following guidline) 1. Define the process: its start, end, and what it does. 2. Describe the process: list the key tasks performed and sequence of s ...

Identify an article in a popular business-oriented

Identify an article in a popular, business-oriented publication (e.g. Wall Street Journal, Fast Company, Fortune, Wired, etc.) that illustrates how a company is successfully encouraging employee productivity and performa ...

Consider tractors incs performance management system in

Consider Tractor's, Inc.'s performance management system in light of what we have discussed as an ideal system and how a company can ensure that its system is legally sound. As the new HR manager, you have been asked to ...

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