Question: IM . 6 5 Boeing orders a small part ( component ) used in many of its wing assemblies. Below is some information on this
IM Boeing orders a small part component used in many of its wing assemblies. Below is some information on this part:
Cost per case $
Parts per case
Daily usage of parts per day demand
Standard deviation of daily demand
Purchasing lead time in days
Desired service level
Ordering administrative costs $
Annual interest earned on cash
Assume that Boeing operates days per year
What should be the safety stock for this part in parts, not casesDisplay your answer to two decimal places.
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
