The injection molding department of a company uses an, Ask an Expert

Management Studies

The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes four days for an order to be delivered. Safety stock is 50 galllons, which provides a stock out risk of 9 percent. What amount of safety stock would provide a stockout risk of 3 percent? assume normality.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91639205

Have any Question?Write your Review or question?

Related Questions in Operation Management

Assignmentas the rate of innovation increases companies

Assignment As the rate of innovation increases, companies face expanding product/service lines, shorter product and service lifecycles, and more frequent product/service transitions. All of these can bring tremendous val ...

Company starbuck1 explain tqm and how quality systems will

Company StarBuck 1. Explain TQM and how quality systems will assist in achieving StarBuck set objective. 2. Provide information on how StarBuck can monitor and evaluate the quality systems 3. Recommend a change within St ...

1 what is quantitative research and how is it useful2 how

1) What is quantitative research and how is it useful? 2) How does it differ from qualitative research? 3) Describe an idea you have for a quantitative research project and explain why this approach would be best.

Competition in retail can be direct or indirectthink of a

Competition in retail can be direct or indirect. Think of a product you typically buy. Under what circumstances would you buy another product as a substitute ?

Instructionsin this final assignment you will develop a

Instructions In this final assignment, you will develop a paper that reviews some of the main topics covered in the course. Compose an essay to address the elements listed below. Identify the components of an information ...

Choose a company that makes great stuff - something you

Choose a company that makes great stuff - something you really like, whether it is a tennis racquet, electronics, etc. Come up with a partner for your firm that you think would make a terrific strategic alliance. Write a ...

Control enviroment1 are all employees paid by check or

Control Enviroment 1 Are all employees paid by check or direct deposit? 2 Is a special payroll bank account used? 3: Are payroll checks signed by persons who do not prepare check or keep cash funds or accounting records? ...

What is the current status of the uber company not history

What is the current status of the Uber company? not history and how they operate. Describe how the company is now front of the previous periods in all the factors. (Statistics, how many drivers do they have, if they have ...

Write a report discussing the effect of implementing lean

Write a report discussing the effect of implementing Lean Operations on performance. This assessment should be written and structured in the form of a business report. An analysis of the topic regarding their contributio ...

1 how can less advertising be preferred to more advertising

1. How can less advertising be preferred to more advertising by Google? Are there other places such an approach could be effective? How could it be measured? 2. If you were to introduce a new product today to Global Mark ...

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