Question: inventory status and order the right quantity at the right time. Sollected the colle Demand=12boxesperweekOrdercost=$60/orderItemcost=$120/boxInventory-holdingcost=15percentperyearStoreopen=48weeks/yearLead-time=2weeksStd.deviationinweeklydemand=6Servicelevel=96percent the inventory level and found 60 units on-hand. There were

inventory status and order the right quantity at

inventory status and order the right quantity at the right time. Sollected the colle Demand=12boxesperweekOrdercost=$60/orderItemcost=$120/boxInventory-holdingcost=15percentperyearStoreopen=48weeks/yearLead-time=2weeksStd.deviationinweeklydemand=6Servicelevel=96percent the inventory level and found 60 units on-hand. There were no scheduled receipts and 20 units were on backorder. a. What is the review period (T) ? Do not round intermediate calculations. Round your answer up to the nearest whole number. weeks b. What is stock replenishment level with safety stock (M) ? Do not round intermediate calculations. Round your answer to the nearest whole number. bottles C. How many units should be ordered? Do not round intermediate calculations. Round your answer to the nearest whole number. orders/year

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!