Problemunimed is a manufacturer of specialty medidcal, Ask an Expert

Management Studies

Problem:

Unimed is a manufacturer of specialty medidcal equipment. For one particular variety of equipment offered:

average daily demand is 25 units, with a standard deviation of 6 units

replenishment lead time is 15 days, with a standard deviation of 4 days

Required:

Question 1) Find the safety stock required at 1 standard deviation under conditions of demand and replenishment cycle uncertainties (rounded to the nearest whole number):

A) 103 units

B) 34 units

c) 14 units

d) 68 units

Solve the problem and show all work.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91162412

Have any Question?Write your Review or question?

Related Questions in Operation Management

Tesla motors disrupting the auto industrycase analysis

Tesla Motors: Disrupting the Auto Industry Case Analysis Guidelines How do the resources and capabilities of Tesla compare to those of the established automakers? The key advantages of the major automakers derive from th ...

Identify and evaluate marketing opportunities choose one

IDENTIFY AND EVALUATE MARKETING OPPORTUNITIES Choose one new market that might have been identified by your researchers and analyse the risks and benefits to the organisation of attempting to enter your chosen market. Yo ...

The chapter specified some of the changes in the external

The chapter specified some of the changes in the external environment that can provide business opportunities (technological discoveries, lifestyle and taste changes, and so on). Identify some recent changes on current t ...

How do you evaluate yourself as a leaderhow do you think

How do you evaluate yourself as a leader? How do you think others evaluate you as a leader? What approaches could you use to evaluate the strengths and weaknesses of others?

A bicycle manufacturer currently produces 300000 units a

A bicycle manufacturer currently produces 300,000 units a year and expects output levels to remain steady in the future. It buys chains from an outside supplier at a price of $ 1.80 a chain. The plant manager believes th ...

Information presented on january 25 2013 during an ongoing

Information presented on January 25, 2013, during an ongoing trial, revealed that executives from health care conglomerate Johnson & Johnson had known about a critical design flaw with an artificial hip but decided to co ...

Using badaraccorsquos ldquoright v rightrdquo framework

Using Badaracco’s “right v. right” framework from his Defining Moments video (2002) address this statement, “One man’s whistle-blower is another man’s snitch.” Based on a situation in your real life when a boss wanted yo ...

Garden variety flower shop uses 890 clay pots a month the

Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has bee ...

1 what are the external factors that may affect the

1. What are the external factors that may affect the operations of your business? 2. An example of a Risk Register that covers the main risk areas of the bank. 3. Should your pet insurance company decide to penetrate int ...

Who is responsible for funding cercla that is what is the

Who is responsible for funding CERCLA? That is, what is the source of funds for cleanups of hazardous waste? Why is it necessary to have criminal penalties for noncompliance with environmental laws? What is the role of s ...

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