Dunstreets department store would like to develop an, Ask an Expert

Management Studies

Dunstreet's Department Store would like to develop an inventory ordering policy of a 90 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the ordering policy for white percale sheets. Demand for white percale sheets is 4,100 per year. The store is open 365 days per year. Every four weeks (28 days) inventory is counted and a new order is placed. It takes 14 days for the sheets to be delivered. Standard deviation of demand for the sheets is three per day. There are currently 160 sheets on hand. How many sheets should you order? (Round your answer to the nearest whole number.)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91763956

Have any Question?Write your Review or question?

Related Questions in Operation Management

Lamas company inc was incorporated in georgia baldwin

Lamas Company, Inc., was incorporated in Georgia. Baldwin negotiated with Lamas, sole owner of Lamas Company, Inc., to finish some electrical work on a construction site. When Baldwin was dissatisfied with the work, he d ...

Compare and contrast the three sample mission statements

Compare and contrast the three Sample Mission Statements below. Evaluate them for overall effectiveness addressing what is strong, weak, effective, or ineffective and state your reasons. Sample 1: Human Resources Mission ...

How is human resource management importantdescribe the

How is human resource management important? Describe the components of Job descriptions Explain the job interview process-how can you be prepared? Explain the different performance evaluation processes (are some more fai ...

In 2000 paradise condo inc bought a new apartment building

In 2000, Paradise Condo Inc. bought a new apartment building that was rented out to families on June 21st, 2000. The purchase cost was 697798 dollars and in addition it had to spend 13622 dollars remodeling the space. Pa ...

How does the field of legal studies define the relevant

How does the field of Legal Studies define the relevant boundaries of Bitcoin? What are the key terms, theories, and areas of contestation surrounding Bitcoin according to Legal Studies scholars? I have come up with this ...

What is pepsicos corporate strategy briefly identify the

What is PepsiCo's corporate strategy? Briefly identify the business strategies that Pepsico us using in each of its customer business segments in 2014. What is your assessment of the long-term attractiveness of the indus ...

Need to answer all four discussion questionsalso specify

NEED TO ANSWER ALL FOUR DISCUSSION QUESTIONS...also specify which answer goes to which discussion question Question 1 Big Data in the Health Plan Industry Big data means using large amounts of information, such as drug c ...

You are the research manager within your organization and

You are the research manager within your organization, and you are grappling with a problem that needs further research. Your immediate supervisor is interested in using experimentation and observation research technique ...

Proposal for designing and developing an integrated is

Proposal for Designing and Developing an Integrated IS strategy for QTV (not an actual company ) at public tv station qtv the membership department currently keeps donation information on database which runs on their loc ...

What are some strategies that can be used to show customers

What are some strategies that can be used to show customers that their business is valued? What obstacles exist in customer loyalty and how might they be removed? What are some of the things that positively impact custom ...

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