The Greyhound Company is considering changing its current inventory control system for electronic picture frames The information regarding one e frame is given below Demand 200 units week Lead time three weeks Order cost $60 order Unit cost $80 Carrying charge rate 0 075 Desired service level 90 pe...

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The Greyhound Company is considering changing its current inventory-control system for electronic picture frames. The information regarding

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The Greyhound Company is considering changing its current inventory-control system for electronic picture frames. The information regarding one e-frame is given below.

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Operations And Supply Chain Management

ISBN: 9780357131695

2nd Edition

Authors: David A. Collier, James R. Evans

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Question Posted: Mar 11, 2023 08:50 AM

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The Greyhound Company is considering changing its current inventory-control system for electronic picture frames. The information regarding

Question:

Demand = 200 units/week Lead time = three weeks Order cost = $60/order Unit cost = $80 Carrying charge rate = 0.075 Desired service level = 90 percent Inventory position (IP) = 450 Standard deviation of weekly demand = 40 Number of weeks per year = 52

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Operations And Supply Chain Management

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