Given the weekly demand data in Exhibit 12.25 illustrate the operation of a fixed-order-quantity inventory system with
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Given the weekly demand data in Exhibit 12.25 illustrate the operation of a fixed-order-quantity inventory system with a reorder point of 75, an order quantity of 100, and a beginning inventory of 125. Lead time is one week. All orders are placed at the end of the week. Using Equation 12.1, what is the average inventory and number of stockouts?
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EXHIBIT 12.25 Problem 49 Demand Data Week 1 2 3 4 5 6 7 8 9 10 11 12 Demand 25 30 20 40 40 25 50 35 30 40 20 25
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Order Decision Rule Place a new order for 100 units when the ...View the full answer
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Related Book For
Operations And Supply Chain Management
ISBN: 9780357131695
2nd Edition
Authors: David A. Collier, James R. Evans
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