The annual demand for a notebook binder at duncanrsquos, Ask an Expert

Management Studies

The annual demand for a notebook binder at Duncan’s Stationary Shop is 9,000 units. The owner operates her business 300 days a year and reviews the inventory once every 5 days. It takes 4 days to receive a delivery from the supplier of the notebook binder once an order is placed. The standard deviation of the daily demand is 4. How many notebook binders should the owner keep as safety stock to ensure a service level of 97%? Please provide the formula, at least one step of calculation, and the correct answer for full credit.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92593296

Have any Question?Write your Review or question?

Related Questions in Operation Management

Research has been done on the theory and correlation of

Research has been done on the theory and correlation of emotional intelligence (EI) related to organizational success and long-term sustainability of a manager/leader in his or her career. Many leadership/management expe ...

Assignmentthe secretary of the insurance department notices

Assignment The Secretary of the Insurance Department notices your ability to work with others very easily. She asks you to consider becoming an Agile Coach for the entire department which you readily accept. Before getti ...

Customer relationship management reflection paperhow do you

Customer Relationship management Reflection Paper How do you think the experiences you had with custermor relationship management will shape your future learning and action? What were the most difficult or satisfying par ...

1 in which of the following cases the use of an impersonal

1. In which of the following cases the use of an impersonal voice is most likely to be appropriate? In internal persuasive messages to emphasize shared work goals In external persuasive messages to emphasize reader benef ...

Questioninstructionsin an effort to enhance their image in

Question: Instructions In an effort to enhance their image in the eyes of an eco-friendly consumer, McDonalds has hired you to provide specific recommendations for completing each step of the Green Sourcing process, limi ...

Consider the case of consumer electronics and the

Consider the case of consumer electronics and the experiences of Circuit City and Best Buy. Circuit City had traditionally used a commission pay plan that paid off big for experienced, high-performing salespeople. Top sa ...

1 the term ldquoenterprise information systemsrdquo refers

1. The term “enterprise information systems” refers to: A- any computer information systems designed for large business enterprises B- any commercial, off-the-shelf software (COTS) C- technology that enables the integrat ...

1 plaintiff lumber company operated a lumber yard in akron

1. Plaintiff Lumber Company operated a lumber yard in Akron, Ohio. Defendant began working as a manager for Plaintiff. He signed an employment contract with Plaintiff. The contract included a provision that prevented Def ...

1 which one of the three decision support executive support

1. Which one of the three: Decision Support, Executive Support and Group decision-support systems do you believe is more useful for an organization and why? 2. In your experience, have you found an effective decision mak ...

1 the federal trade commission regulates advertising on the

1. The Federal Trade Commission regulates advertising on the basis of two criteria: deception and unfairness. How can an ad be unfair? Who gets hurt by deceptive advertising? Please list as many ethical issues as you can ...

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