a.Compute the missing Inventory Holding Cost Rate using the provided Operating Cost data. b.Using the demand forecast
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Question:
a.Compute the missing Inventory Holding Cost Rate using the provided Operating Cost data.
b.Using the demand forecast pro-rated for each region based on population and the previously computed optimal inventory policy (e.g. EOQ and ROP), compute the anticipated number of orders per year placed by each potential Distribution Center.
c.Describe managerial actions that could be taken to further improve on this optimal inventory policy.
d.Discuss how the number of Distribution Centers throughout the United States will impact your inventory costs.
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