Question: a . Calculate the optimal review interval, T * , at a warehouse. ( 3 points ) b . Calculate order - up - to
a Calculate the optimal review interval, T at a warehouse. points
b Calculate orderupto level, M points
c Calculate the average inventory level, AIL points
d Calculate the total cost, TC per month points
e Calculate the total cost and AIL of FOUR branches assuming that the demand is
identically and independently distributed use the same CSL points
f When the company consolidates the inventory at these warehouses into a single
warehouse, the company would like to improve the customer service level to
Given this scenario,
I. Calculate the optimal review interval, T at a warehouse. points
II Calculate orderupto level, AIL. points
III. Calculate the average inventory level, AIL points
IV Calculate the total cost, TC per month points
V Expected percentage AIL saving four warehouse case points
VI Expected percentage TC saving compared to four warehouse case points
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
