Annual demand for an item is 18000 units with the cost per, Operation Management

+44 141 628 6080
[email protected]

Annual demand for an item is 18000 units with the cost per

Annual demand for an item is 18,000 units with the cost per unit at $440. The holding rate is 8% and the order cost is $21.00 per order. The standard deviation of daily demand is 2 units. Assume 263 days in the year and a lead-time of 7 days. If a service level of 98% is desired during the reorder interval, what is the reorder point?

A. ≈478 units

B. ≈490 units

C. ≈501 units

D. ≈532 units

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Annual demand for an item is 18000 units with the cost per

Reference No:- TGS01380889

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Identify a true statement about validity

Question: Identify a true statement about validity as applied to a test. Multiple choice question

Outline a social issue that is important to you

Outline a social issue that is important to you. Describe why it is important to you, why it is important from a societal perspective and how you think

Examine historical literature to the most current period

Examine historical literature to the most current period to see the growth of romanticism and EXISTENTIALISM. any major developments

Identify a specific theory of cognitive or moral development

Problem 1: Identify a specific theory of cognitive or moral development, and summarize the major assumptions.

Is early food experiences can impact development

Early food experiences can impact development over several learning domains, including Social and Emotional Development, Language

Identify one antecedent, one behaviour, and one consequence

Sahir is the most active student in your kindergarten class. He tends to be very disruptive when the teacher you work with is teaching the class,

Problem concerning consensual sexual relationship

Question: Jena and Ben are employees of Big City Electronics. They began to have a consensual sexual relationship.

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Annual demand for an item is 18000 units with the cost per

Reference No:- TGS01380889

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : Manufacturers inc estimates that its interest charges for

Q : In an attempt to improve quality the shop superintendent at

Q : Halifax ciorp contracted with the city of richmond to

Q : How does one win the hearst and minds of people in a

Q : Annual demand for an item is 18000 units with the cost per

Q : Consider an option on a non-dividend-paying stock when the

Q : Explain how the government uses fiscal and monetary policy

Q : The 50-kg uniform pole is on the verge of slipping at a

Q : Airline passengers are broadly segmented by purpose of