Question: 5 point Part A Consider an item with item cost 125. The cost per order is and holding cost is 30of the term value, Daly

 5 point Part A Consider an item with item cost 125.

5 point Part A Consider an item with item cost 125. The cost per order is and holding cost is 30of the term value, Daly demand is units. The supplier takes 7 days to deliver the products. Asume that demand is constant. Also assume that working days in a year are 250 1- What shall be economic order quantity! 2- What shall be reorder point to run this inventory System - What shall be total annual cost to run this inventory system? 4- write the inventory Policy Part Suppose that demand is uncertain Average daily demandas 4 units with standard deviation of daily demandas 45. 5. What would be the reorder point if you are to maintain the service level of onveis 2.33 D TC = DC + S + Q 2 H a EOQ = Q = 2DS H

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!