Question: For a given product, the order quantity is 4 8 units, the safety stock is 5 2 units, and the average lead time demand is

For a given product, the order quantity is 48 units, the safety stock is 52 units, and the average lead time demand is 30 units. What is the reorder point for this product?
82
130
100
78
For a given product, the order quantity is 4 8

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

YOUR TASKS Documents attached: Replenishment model scenario ( containing information specific to you ) : Blank template - base case plan Blank template - contingency plan 1 . ( 1 0 MARKS ) Using the...

Q:

YOUR TASKS Documents attached: Replenishment model scenario ( containing information specific to you ) : Blank template - base case plan Blank template - contingency plan 1 . ( 1 0 MARKS ) Using the...

Q:

S.Y. 2021-2022 D Question 8 4 pts cements Cress Electronic Products manufactures components used in the automotive industry. Cress purchases parts for use in its manufacturing operation from a...

Q:

A Fido store stocks iPhone 15. The average demand for iPhone 15 is 10 units per day with a standard deviation of 0.5 units. Fido Corporate office has a VMI agreement with the stores and monitors the...

Q:

For a given product, the order quantity is 800 units, the monthly demand is exactly 500 units and the lead time is exactly 4 months. What is the safety stock for this product? This is a reorder point

Q:

GROW Garden Center sells Raincloud automatic sprinkler valves. The valves cost GROW $8.75 each, and GROW uses an annual holding cost rate of 24%. The cost to place an order with Raincloud is...

Q:

SECTION B: CASE SCENARIOS TO BE SOLVED ON MONTE CARLO SIMULATION Edward, owner, and manager of General Hardware, wants to find a good, low- cost inventorypolicy for one product: The Ace model...

Q:

Operations Management: 1. Which of the following is not one of the five basic performance objectives in operations management? a) Quality b) Cost c) Innovation d) Flexibility 2. Which inventory...

Q:

Operations Management: 2 . Which inventory management method aims to minimize holding costs by ordering just enough inventory to meet immediate demand? a ) Just - In - Time ( JIT ) b ) Economic Order...

Q:

BADM 7120: Operations Management Inventories with Probabilistic Demand Example Problem #2: A product with an annual demand of 1000 units has an ordering cost = $25.50 per order (Co or set-up cost, S)...

Q:

What are your personal virtues that should govern your actions as a c.p.a.?

Q:

Closing the Balances in the Variance Accounts at the End of the Year Yohan Company has the following balances in its direct materials and direct labor variance accounts at year-end: Unadjusted Cost...

Q:

Question 9 1 0 pts Prepayment risk and cash flow uncertainty are two factors that make MBS difficult to value. T : Fathe

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...