Question: For a given item the lead time is 1 week, the on hand inventory is 50 units, demand is 20 units per week, safety stock

For a given item the lead time is 1 week, the on hand inventory is 50 units, demand is 20 units per week, safety stock is set at 3 weeks supply and the item is ordered every 2 weeks. The order quantity should be:

Group of answer choices

70 units

60 units

40 units

120 units

50 units

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 General Management Questions!

For a given item the lead time is 1 week, the on hand inventory is 5 0 units, demand is 2 0 units per week, safety stock is set at 3 weeks supply and the item is ordered every 2 weeks. The order...

Corona Ltd. Is facing issue with their ignition switch, some time they are overly stocked and some time they face stock outs. Purchase manager has identified the reason behind this problem is the...

If the lead time is 1 week, the review period 1 week, the average demand 1 0 0 units per week and the safety stock is 5 0 units, the target level will be: Group of answer choices 1 5 0 units 2 0 0...

3. MRP. (20,6 pts] Mustang Corp. sells products A and B. whose master production schedule for the next 8 weeks is as follows. Week: PRODUCTA PRODUCT B 1 100 30 2 85 40 3 70 70 4 60 50 5 90 10 6 50 60...

Brittney wants to develop the inventory record for Item B using the lot - for - lot ( L 4 L ) rule. Item B is one of the components necessary for producing Product A . The bill of material ( BOM )...

You are required to fill in the blanks below. Provide your answer with "two decimal digits" whenever it's a decimal number. USE DOT("") FOR DECIMAL SEPARATOR. a) The manager of a retail store wants...

NEED HELP ON THIS CASE ASAP. IT HAS TO BE IN EXCEL. Economic Order Quantity Model (D) (S) (p) (H) (Q) (T) (SS) (L ) (I) TAC Annual use of a particular item, in number of items per year (Demand)...

I need assistance with solving these practice problems in Excel. Can you show the work in excel spreadsheet so that I can have a better understanding of how to use excel when solving the problems?...

Question 1 Agrippa Models want to start selling model kits in parts, they expect a small number of sales, but wish to offer their customers customisations of the models they manufacture. Devise the...

What is the approximate radius of an alpha particle (4/2He)?

What occurs when additional shares are sold without immediately increasing income? dividend yield dividend payout dividend valuation dilution of earnings

In Medical Sociology, we see that African-American males tend to live somewhat shorter lives than their male counterparts in various races. Based on researchers, what are some factors that may...