Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Management Studies


Home >> Operation Management

Demand for Caruso's Frozen Pizza (CFP) is normally distributed. The demand for CFP averages 400 per day with a standard deviation of 200. Weekly demand (5 days) averages 2,000 units with a standard deviation of 555. A Cold can essentially order any quantity of CFP it wants each day. Any order for CFPs arrives 4 days after the order. Further, it costs ACold $0.01 per day to keep a CFP in inventory, while a back order is estimated to cost ACold $0.45.

A.    Suppose the base stock level 2,800 is chosen. What fraction of customer demands is met immediately from stock?

B.     Suppose the base stock level 2,800 is chosen. What is the average amount of inventory on order?

C.     Suppose the base stock level 2,800 is chosen. What is the annual holding cost? (Assume 260 days per year)

D.    What base stock level minimizes inventory while maintaining a 97 percent in-stock probability

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M9522440

Have any Question?


Related Questions in Operation Management

Employee 1 jimmy brown is a manager with solomon industries

Employee #1 Jimmy Brown is a manager with Solomon Industries, Inc., (SII) a supply company in South Carolina. SII serves as a warehouse for other companies that deliver and store their goods using SII's facility as tempo ...

1 how are trends in layout design affecting retail and

1. How are trends in layout design affecting retail and restaurant environments? Give at least one example from each environment. Cite your sources please. 2. List and describe the five major ways of achieving workplace ...

Leo has been the unsuccessful suitor of abbie who has

Leo has been the unsuccessful suitor of Abbie, who has recently announced her engagement to Daniel. Angered by her engagement, Leo sent Abbie the following letter: “I hope you know what you are doing. The man you think y ...

At oxford lumber inc tom cruise a president and a producer

At Oxford Lumber, Inc., Tom Cruise, a president and a producer of an apple crates sold to growers, has been able, with his current equipment, to produces 240 crates per 100 logs. He currently purchases 100 logs per day, ...

Consider this statement cultures around the world are

Consider this statement: Cultures around the world are becoming increasingly similar, so companies should standardize both their products and global marketing efforts. 1. Do you agree or disagree with this line of reason ...

Share with the class why you have selected these metrics

Share with the class why you have selected these metrics, AND be sure to describe how you will gather data for the metrics. Select three metrics that you will use in your final paper to measure the effectiveness of the H ...

Taguchi loss functiona an automobile parts manufacturing

Taguchi Loss Function a. An automobile parts manufacturing company produces a certain part with most critical dimension as 40.50 ±0.025 in (specifications). If the manufacturing process produces some parts whose toleranc ...

50words each 1-7 respond to or add to these postcomments

50 words each (#1-7 respond to or add to these post/comments using Gilgamesh. (2017). Encyclopedia Britannica, n/a. and Bertman, S. (2002). Epic of Gilgamesh. Handbook to Life in Mesopotamia, n/a.) and #8 personal knowle ...

The pyramid of corporate social responsibility csr is a

The Pyramid of Corporate Social Responsibility ("CSR") is a graphic representation of Carroll’s four-part definition of CSR. According to Carroll, society has four expectations of a corporation-economic, legal, ethical, ...

1 lean six sigma black belts are highly valued employees

1. Lean Six Sigma Black Belts are highly valued employees. They are compensated well and are in high demand. Provide an example of this, with either your observations where you work, job postings, salary rates, etc. Why ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved