The Goodstoee Tire Company produces a brand of tire called the Rainpath. The annual demand at...
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The Goodstoee Tire Company produces a brand of tire called the Rainpath. The annual demand at its dstribution center is 15,000 tires per year. The transport and handing costs are $3,000 each time a shipment of tires is ordered at the distribution center. The annual carrying cost is $3.80 per tre. (a) Determine the optimal order quantity and the minimum total annual cost. (Round answers to 2 decimat places, eg. 52.52.) Optimal order quantity. Minimum total annual cost Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 35 gallons and a standard deviation of 8 gallons. lead time required to receive an order of beer from the local distributor is 13 days. Determine the safety stock and reorder point if the restaurant wants to maintain a 90e service level, What would be the increase in the safety stock if a 95% service level were desir (Round z values and final answer to 2 decimal places, e.g. 25.75.) Safety stock gal. The Goodstoee Tire Company produces a brand of tire called the Rainpath. The annual demand at its dstribution center is 15,000 tires per year. The transport and handing costs are $3,000 each time a shipment of tires is ordered at the distribution center. The annual carrying cost is $3.80 per tre. (a) Determine the optimal order quantity and the minimum total annual cost. (Round answers to 2 decimat places, eg. 52.52.) Optimal order quantity. Minimum total annual cost Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 35 gallons and a standard deviation of 8 gallons. lead time required to receive an order of beer from the local distributor is 13 days. Determine the safety stock and reorder point if the restaurant wants to maintain a 90e service level, What would be the increase in the safety stock if a 95% service level were desir (Round z values and final answer to 2 decimal places, e.g. 25.75.) Safety stock gal.
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Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
Posted Date:
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