Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUS at...
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Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUS at a constant rate of 17,000 units per year. It costs Leaky Pipe $75 to process an order to replenish stock and $3.00 per unit per year to carry the item in stock. Stock is received 2 working days after an order is placed. No backordering is allowed. Assume 275 working days a year. a. Leaky Pipe's optimal order quantity is units. b. The optimal number of orders per year is orders. (Enter your response rounded to the nearest whole number.) c. The optimal interval (in working days) between orders is days. (Enter your response rounded to one decimal place.) d. The demand during lead time is units. (Enter your response rounded to the nearest whole number.) e. The reorder point is units. (Enter your response rounded to the nearest whole number.) f. The inventory position immediately after an order has been placed is units. (Enter your response rounded to the nearest whole number.) Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUS at a constant rate of 17,000 units per year. It costs Leaky Pipe $75 to process an order to replenish stock and $3.00 per unit per year to carry the item in stock. Stock is received 2 working days after an order is placed. No backordering is allowed. Assume 275 working days a year. a. Leaky Pipe's optimal order quantity is units. b. The optimal number of orders per year is orders. (Enter your response rounded to the nearest whole number.) c. The optimal interval (in working days) between orders is days. (Enter your response rounded to one decimal place.) d. The demand during lead time is units. (Enter your response rounded to the nearest whole number.) e. The reorder point is units. (Enter your response rounded to the nearest whole number.) f. The inventory position immediately after an order has been placed is units. (Enter your response rounded to the nearest whole number.)
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Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
Posted Date:
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