What amount of safety stock is appropriate, Operation Management

+44 141 628 6080
[email protected]

What amount of safety stock is appropriate

Lead-Time demand = 600 pounds
Standard deviation of lead time demand = 52 pounds (assume normality)
Acceptable stockout risk during lead time = 4 percent

a.What amount of safety stock is appropriate?
b.When should this item be reordered?
c.What risk of stockout would result from a decision not to have any safety stock?

Request for Solution File

Ask an Expert for Answer!!

Operation Management: What amount of safety stock is appropriate

Reference No:- TGS086295

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Operation Management

Q : How can management information system

How can Management Information System (MIS) negatively effect a business?

Q : Determining the organizational communication

Mark the graphic form that would be best to show 2007 sales by product (three) for a national sales company's seven districts.

Q : What amount should be amortized for the year ended december

Because Palmiero must enter a competitive bidding at the end 2018, it is unlikely that the franchise will be retained beyond 2018. What amount should be amortized for the year ended December 31, 2010?

Q : Charles darwin would have supported

Which of the following speciation models do you think Charles Darwin would have supported

Q : What amount of safety stock is appropriate

What amount of safety stock is appropriate? What risk of stockout would result from a decision not to have any safety stock?

Q : Status and educational level of women

Describe the relationship between the status and educational level of women in developing countries and the local economic and environmental conditions

Q : Multicellular organisms in relation to cell differentiation

Compare single-celled and multicellular organisms in relation to cell differentiation

Q : Standards of living-fertility rates-hunger

Evaluate and describe the relationship between standards of living, fertility rates, hunger, and local environmental stress.

Q : Environmental pollution simulation review and summary

Option 1: Environmental Pollution Simulation Review and Summary

1926554

Questions
Asked

3,689

Active Tutors

1425081

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discuss patient with athsma about use of bronchodilators

You're instructing a patient with athsma about the use of bronchodilators. You should teach the patient which one?

Discuss new forms of advertising changing opdps work

How have social media and other new forms of advertising changing OPDP's work?

Observing and reporting a correctional clients behavior

Observing and reporting a correctional client's behavior is extremely important, to ensure they receive the right mental health care.

Discussion about improve patient satisfaction scores

You are trying to improve patient satisfaction scores in your hospital's emergency department. You decide to poll 40 patients a day for three weeks.

Problem concerning about the risk for stroke

Sam is concerned about his risk for his stroke since his dad died of stroke at age 57 based on the following information why would you recommend

Patient presented with acute-onset abdominal pain

You are on your 5th straight duty in the Urgent Care and you are seeing a 18 yo may who presented with acute-onset abdominal pain for 2 days.

Discuss - male with a history of moderate persistent asthma

A nurse is caring for an 8-year-old male with a history of moderate persistent asthma. He is accompanied by his mom and dad who reported