Question: answer was never given SAFETY LEAD TIME You are in charge of ordering material for a major project. One task that you are responsible for

answer was never given
answer was never given SAFETY LEAD TIME You are
SAFETY LEAD TIME You are in charge of ordering material for a major project. One task that you are responsible for is ordering steel beams for a plant expansion. To install the beams, you will rent a crane at $10,000 a day, with the rental contract date required months in advance. You pay for the crane and crew whether they work or not. Additionally, each day of delay costs you $40,000 in other contractor costs due to the beams not being installed. If the beams show up early, they cost you S1200 a day in inventory carrying costs interest, storage, security, etc.). The normal lend time for the steel beam delivery is 30 days (ordering, custom manufacturing, and delivery) with a standard deviation of 12 days. [A] Using the safety lead time strategy, when should you order the steel beams? (10 points) [B] In a paragraph, explain why you would order at that time. (5 points) Show all calculations

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