A hospital reorders size 7 surgical gloves when the supply on hand and on order falls to
Question:
A hospital reorders size 7 surgical gloves when the supply on hand and on order falls to 18 units (pairs). Lead time for resupply is three days. Given the typical usage over the last 10 days below, what service level is achieved with the hospital's reorder policy?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (16 reviews)
ROP 18 units LT 3 days Demand during ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Operations Management
ISBN: 9781259270154
6th Canadian Edition
Authors: William J Stevenson, Mehran Hojati, James Cao
Question Posted:
Students also viewed these Business questions
-
Caring Hospitals dispensary reorders doses of a drug when the supply on hand falls to 18 units. Lead time for resupply is three days. Given the typical usage over the last 10 days, what service level...
-
The partially completed MRP record in Table 7.18 provides gross requirements, scheduled receipts, lead time, and beginning on-hand inventory. a. Complete the record for a lot size of FOQ = 2,000...
-
A table is assembled using three components, as shown in the following product structure tree. The company that makes the table wants to ship 100 units at the beginning of day 4, 150 units at the...
-
GoFast Corp. wishes to renovate the property so that he can sell it at a higher price.The after-tax cash flow over next year up to RM320,000 if the property was renovated.The renovation cost is...
-
Effect of Business Strategy on Common-Size Income FirmA Firm B 100.0% (72.7) (17.4) 100.0% (8.7) (5.9) Research and Development Income Taxes All Other Items .3 6.2% 3.3%
-
The Prince-Robbins partnership has the following capital account balances on January 1, 2021: Prince, Capital Robbins, Capital $ 60,000 50,000 Prince is allocated 60 percent of all profits and losses...
-
Describe a patients rights during labor disputes.
-
Here are data on two firms. a. Which firm has the higher economic value added? b. Which has higher economic value added per dollar of invested capital? Equity ($million) 100 Debt ($million) 50 ROA(%)...
-
Use legal terminology, principles and theories. Jerome, a resident of Illinois, and Robyn, a resident of Indiana, have a car collision on the border of the two states. Jerome s car is badly damaged...
-
The Davis Lamp Company (DLC) is a wholesale company that purchases lamps from the manufacturer and resells them to retail stores. The company has three inventory items: desk lamps, table lamps, and...
-
A car service shop uses 1,200 cases of oil a year. Ordering cost is $20 per order, and annual holding cost is $3 per case. The shop owner has specified an annual service level of 99 percent. a. What...
-
A stockroom manager must set up inventory ordering procedures for two new items, P34 and P35. P34 can be ordered at any time, but P35 can be ordered only once every four weeks. The company operates...
-
On October 5, 2017, Diamond in the Rough Recruiting Group Inc.'s board of directors decided to dispose of the Blue Division. A formal plan was approved. Diamond derives approximately 75% of its...
-
Why has economics traditionally and historically been forced to analyse the brain as if it is a black box? Explain how neuroscientific tools can be used to resolve these limitations.
-
What are some of the advantages and disadvantages of combining two such disparate disciplines?
-
What is neuroeconomics and how does it blend insights from economics and neuroscience?
-
Explore some of the challenges, successes and pitfalls of behavioural public policy applied in an economic context.
-
Explore some of ways in which economists and other social scientists empirically capture the different drivers of herding behaviour? What are some of the empirical problems with these approaches?
-
Gomez Company has 2,000 kg of raw materials in its December 31, 2016, ending inventory . Required production for January and February is 5,000 and 6,000 units, respectively. Two kilograms of raw...
-
Find the image of x = k = const under w = 1/z. Use formulas similar to those in Example 1. y| y = 0 -21 -2 -1 -1, /1 12 T -1 -1 y= -2 x =0
-
Give examples of visual control. How does visual control affect quality?
-
What is a poka-yoke? Give an example.
-
What is a poka-yoke? Give an example.
-
The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500...
-
Taylor Swift's most recent tour was a success by every measure. Named after the bestselling album of her career 1989, it grossed more than $250 million worldwide the top tour of 2015 raved about the...
-
Activity Purchasing material Receiving material Setting up equipment Machine depreciation and maintenance Ensuring regulatory compliance Shipping Total estimated cost Recommended Cost Driver Number...
Study smarter with the SolutionInn App