Question: 1 . Using the past seven months' data a s the benchmark, measure the clinic s performance. What indicators will you use i n your
Using the past seven months' data the benchmark, measure the clinic performance. What indicators will you use your computation and why?
What the main tradeoff inventory management illustrated John and Lily?
How would you convince John set economically viable service level target for nonlifesaving medical supplies?
Suppose the clinic implements the continuous review system. What the Order Quantity that optimizes the total cost ownership? What the Order Point for and service levels respectively?
Suppose the clinic implements the continuous review system with a target service level What the average stock? How does this continuous review system compare the one with service level?
Suppose the clinic implements the periodic review system. What the Order quantity OrderLevel for and service levels respectively?
Suppose the clinic implements the periodic review system with a target service level What the average stock? How does this continuous review system compare the one with service level?
What are the pros and cons the continuous and periodic review systems? Which one would you recommend and why?
What could explain the action Lily order more stocks than usual? What are the risks associated with designing inventory management system without engaging with the stakeholders who understand the supply and demand patterns?
What the impact the service level target stock quantity and cost? What service level would you recommend and why?
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