Question: In Problem 12 45 in Chapter 12 Delaplane Computers supplier receives
In Problem 12-45 in Chapter 12, Delaplane Computers supplier receives shipments of laptop screens from its manufacturing facility in the Philippines, which has maximum production rate of 200 units per day. Using the forecast of demand developed in 12-45, an annual carrying cost of $115.75 (which includes an average obsolescence cost), a shipping cost from Asia of $6500 per shipment, and a lead time to receive an order of 25 days, determine the optimal order size, the minimum total annual inventory cost, the maximum inventory level, and the reorder point (given that the Delaplane assembly operation operates 365 days per year).
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