Question: inventory forecast analytic QUESTION 2 Please see the data pertaining to two warehouses (Warehouse 1 and Warehouse 2) provided in the Microsoft Excel file (see

inventory forecast analytic inventory forecast analytic QUESTION 2 Please see
inventory forecast analytic QUESTION 2 Please see
QUESTION 2 Please see the data pertaining to two warehouses (Warehouse 1 and Warehouse 2) provided in the Microsoft Excel file (see link below), Please use this data to determine safety stock levels before and after centralization (and complete some additional calculations). Then use this information to answer the following question. This is a risk pooling/DC centralization type problem. Note: This data will be used to answer questions 2 and 3. WarehouseData.xlsx Question: What is the safety stock requirement in Warehouse 2? Select the closest answer. 661 units 546 units 433 units 676 units 25 X & fx B Warehouse 1 Warehouse 2 332 411 -0.3 95% 1 2 Std. deviation of lead time demand 3 Correlation of lead time demands 4 In-stock rate (alpha) 5 Std. normal variate (2) 6 Safety stock 7 Combined safety stock (WH1, WH2) 8 Pooled std. deviation of lead time demand 9 Pooled safety stock (after centralization) 10 Portfolio effect 11 12

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!