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 64 gallons, which provides a stockout risk of 9 percent. What amount of safety stock would provide a stockout risk of 3 percent? Assume normality. (Round your intermediate calculations and final answer to 2 decimal places.)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91878249

Have any Question?Write your Review or question?

Related Questions in Operation Management

Select a book on management or leadership that is of

Select a book on management or leadership that is of interest to you. This can be a book about an individual, a company, or a specific leadership topic. Write a five (5) page paper summarizing the key message of the book ...

Embry riddle aeronautical university mbaa514pick one of the

Embry RIddle Aeronautical University MBAA514. Pick one of the companies listed in the National Business Aviation Association (NBAA) website (Links to an external site.)Links to an external site. for select product and se ...

Answer the following questions1 in what ways can technology

Answer the following questions 1. In what ways can technology play a role in the delivery of effective customer service? Explain. 2. What are some advantages of using technology for service delivery? 3. What are some dis ...

Your final project consists of creating a presentation that

Your final project consists of creating a presentation that highlights the challenges of expanding your company into a new country. The following criteria must be included: Background of company and of country Cultural i ...

Discovery and analysis of work by published organizational

Discovery and Analysis of Work by Published Organizational Theorists on the Topic Organizational Culture Investigate the organizational management issue or question by consulting at least 5 authoritative and relevant sou ...

For the medical device industry please answer the following

For the Medical Device industry, please answer the following questions: • The total size of your industry • Trends in the industry – is it growing or shrinking? • The total size of your target market, and what shar ...

1 what is your position on this issue provide two or three

1. What is your position on this issue? Provide two or three reasons to support your arguments. (2) If you were an HR manager of a company, what pet policy would you set and how would you implement it? (3) How would you ...

1 develop a marketing plan for target corporation define

1. Develop a Marketing Plan for Target Corporation. Define the SWOT analysis for Target Corporation. Analyze the Micro and Macro environment of the Target Corporation. 2. Can you share any real-world examples of some of ...

1 have you ever found yourself using any of these

1. Have you ever found yourself using any of these problematic self-perceptions in any classroom or online course? fundamental attribution error, self-handicapping, in-group/out-group biases, self-serving bias 2. Have yo ...

1 how successful do you predict these recently proposed

1. How successful do you predict these recently proposed extensions will be? Why? a. Mont-Blanc (famous for pens): fragrances and other accessories (watches, cufflinks, sunglasses and pocket knives) b. Evian (famous for ...

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