A firm orders a number of items from a regional warehouse every 2 weeks. Delivery takes 1
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A firm orders a number of items from a regional warehouse every 2 weeks. Delivery takes 1 week. Average demand is 200 units per week, and safety stock is held at 2 weeks’ supply.
a. Calculate the target level.
b. If 600 units are on hand, how many should be ordered?
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Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
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