For a particular SKU, the lead time is 4 weeks, the average demand is 150 units per
Question:
For a particular SKU, the lead time is 4 weeks, the average demand is 150 units per week, and safety stock is 100 units. What is the average inventory if 1600 units are ordered at one time? What is the order point?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Average inventory ...View the full answer
Answered By
Sharat Chandra
A Mechanical engineer by profession and an Undergraduate Physicist by passion. just love to share my subject expertise with student across the globe.It will also help them learn better and score higher. I am just good enough to make the content very interesting as per the subject requirement. Also helps them to realize their full potential.
0.00
0 Reviews
10+ Question Solved
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
Question Posted:
Students also viewed these Earth sciences questions
-
For a particular SKU, the lead time is 6 weeks, the average demand is 90 units a week, and safety stock is 200 units. What is the average inventory if 10 weeks supply is ordered at one time? What is...
-
Management has stated that it will tolerate one stockout per year. The forecast of annual demand for a particular SKU is 100,000 units, and it is ordered in quantities of 10,000 units. The lead time...
-
If in problem 11.15, management said that it is considering increasing the service level to one stockout every 2 years, what would the new safety stock be? If the cost of carrying inventory on this...
-
If the protein produced full length antibody, what would be the next step after centrifugation?
-
Suppose some astronauts have landed on Mars. (a) When Mars and Earth are on the same side of the Sun and as close as they can be to one another, how long does it take for radio transmissions to...
-
Find dy/dx for the following functions. y = x cos x sin x
-
The production department of Zunni's Manufacturing is considering two numerically controlled drill presses; one must be selected. Comparison data is shown in the table below. MARR is 10 percent/year....
-
Selected year-end financial statements of McCord Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $32,400; total assets, $182,400;...
-
Te If you have $90,000 in a bank account that is paying an interest rate of 6 percent that is being compounded annually, how many years will it take to double your investment if the interest rate...
-
A sample of 30 recently sold single-family houses in a small city is selected. Develop a model to predict the selling price (in thousands of dollars), using the assessed value (in thousands of...
-
An item has a weekly demand of 240 units throughout the year. The item has a unit value of $42 and the company uses 20% of the item value for the annual inventory cost. When ordered, the setup cost...
-
Given the following data, calculate the average x of the distribution and the standard deviation (). Period Actual Deviation Deviation Demand Squared 500 600 425 4. 450 5 600 6. 575 375 8. 475 525...
-
What entry is required in the MANIFEST.MF file to make a JAR file executable?
-
On January 4, 2019, the DJIA opened at 22,686.22. The divisor at that time was .1474807199. Suppose on this day the prices for 29 of the stocks remained unchanged and I stock increased $5.00. What...
-
You have a semi-annual 1.250 % $18,000 bond maturing March 26, 2027. You purchase the bond to settle March 26, 2024 when yields are 11.625%. The purchase price of this bond is thus $ (dollars,...
-
Suppose euro changed the value of 0.8746/US$ to 0.9014/US$, by what percentage has the changed value relative to the US $?
-
You purchase to settle July 4, 2023 a $11,000 semi-annual 12.250% bond issued November 4, 2015 and maturing November 4, 2034. The bond is priced to yield 8.500%. Your first coupon payment of $673.75...
-
Using the payback method, determine which investment is better (use 2 decimal places in your calculation). Project A Initial investment = $25,000 Cash Flow: Yr 1 = $6,000 Cash Flow: Yr 2 = $4,000...
-
For the frame and loading shown, determine the internal forces at the point indicated: Point K. 80 mm80 mm 20 mm 20 mm 20 mm 40 mm 250 N C 250 N
-
State whether each of the following will increase or decrease the power of a one-way between-subjects ANOVA. (a) The effect size increases. (b) Mean square error decreases. (c) Mean square between...
-
The widely used herbicide Roundup is starting to lose its effectiveness in killing certain weeds. Explain why.
-
Why is pesticide misuse increasingly viewed as a global environmental problem?
-
How is IPM related to ecological concepts such as food webs and energy flow?
-
A shop has implemented a new coupon discount program for its customers. Employees could be scanning coupons but charging the customers full price and then pocketing the difference.) explain,construe...
-
In 2014, the cost of the most frequently bough consumer goods was 2.364 times higher than in 1982 (the CPI in 2014 was 236.4), and in 2015, the cost of this basket of goods was 2.378 times higher...
-
Your friend is a hedge fund manager. He tells you that he has earned 6% returns on average above the S&P 500 return over the past five years, so he doesnt believe in efficient market. Do you agree...
Study smarter with the SolutionInn App