Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

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 54 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,)

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91883384

Have any Question?


Related Questions in Operation Management

Strategic managementswot analysis is the most widely

Strategic Management... SWOT analysis is the most widely applied model for strategic analysis. It is useful for organizing one's initial approach to strategy formulation. Invariably, the four categories are not of equal ...

Find samples of 2 infographic resumes for your someone in

Find samples of 2 Infographic resumes for your someone in your field of study. Share your web-links and describe what you liked or didn’t like about these examples. What are 2 pros of Infographic resumes? What are 2 disa ...

Systems dynamics application case studyassignment

Systems Dynamics Application Case Study Assignment Overview "System dynamics is a method for studying the world around us. Unlike other scientists, who study the world by breaking it up into smaller and smaller pieces, s ...

Purpose of assignmentstudents create a persuasive

Purpose of Assignment Students create a persuasive communication for internal and external stakeholders. Students present the company's situation and proposed solution in a manner that is informative and persuasive. Usin ...

1 which of the following statements is true of the

1. Which of the following statements is true of the marketing strategies of nonprofit organizations? a. They seek to make a profit for redistribution to owners or shareholders. b. They can measure their success or failur ...

Case study-assignmentprepare an in-depth analysis of four

Case Study-Assignment Prepare an in-depth analysis of four case studies during the semester. Here are some guidelines: • This is an individual assessment, which is a part from your course score. It requires effort and cr ...

Remember the concepts we are discussing build on one

Remember, the concepts we are discussing build on one another. For each question, please identify two possible remedies available. Define the remedy, apply the remedy to the facts, and then provide your conclusion of whe ...

Instructions for case southwest- external analysiscase 1 is

Instructions for Case: Southwest- external analysis Case 1 is intended to provide learning and understanding related to some key tools for strategic analysis. The emphasis is on applying the tools in an integrated approa ...

Process discovery1 consider the following two tasks and

Process Discovery 1. Consider the following two tasks, and explain their difference: The task of modeling the process of signing a rental contract in your city. The task of modeling the process of getting a license plate ...

Instructionscase studies are an important learning strategy

Instructions Case studies are an important learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your criti ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As