Question: Construction a new Warehouse Calculate the Economic Order Quantity (EOQ) and Time Between Orders (TBO) for one of your products in your warehouse.Address the 5
Construction a new Warehouse
Calculate the Economic Order Quantity (EOQ) and Time Between Orders (TBO) for one of your products in your warehouse.Address the 5 assumptions of EOQ -especially assumptions 1 and 2Show your work and discuss sensitivity analysis. Describe your company in a few bullet points here Describe why you need a new warehouse Describe the Work Breakdown Structure for your warehouse construction project in a few bullets Draw a network diagram according to the table in the previous slide. Show critical path. Analyze the probability your warehouse will be completed in a certain amount of time. Show the formulas, your work, and use a z-table. Perform a basic ABC analysis for products in your warehouse. Make up 5-10 products and show how they would break down as A, B, or C Calculate the Economic Order Quantity (EOQ) for one of the products you did in the ABC analysis. Describe the product and make up some details such as the supplier and the related parts to the EOQ formula (D, S, H). Show your numbers and formulas. Address the 5 assumptions of EOQ -especially assumptions 1 and 2 Calculate the Time Between Orders (TBO) for one of your products in your warehouse. Show your numbers and formulas. Use some text to introduce this and its implication. Discuss sensitivity analysis using the following table as a reference. Make up a scenario where you will recommend increasing or decreasing the EOQ from the current Order Size.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
