Question: Need help! Complete problems 12.6 and 12.47 at the end of Chapter 12 of your textbook Textbook: Operations Management Sustainability and Supply Chain Management 13th.pdf

Need help!

Complete problems 12.6 and 12.47 at the end of Chapter 12 of your textbook

Textbook: Operations Management Sustainability and Supply Chain Management 13th.pdf

Need help! Complete problems 12.6 and 12.47 at the end of Chapter12 of your textbook Textbook: Operations Management Sustainability and Supply Chain Management

- - 12.5 Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory, and Lynn knows that there are costs associated with inventory. However, because her time is limited, she cannot carefully evaluate the inventory policy for all products. Lynn wants to classify the items according to dollars invested in them. The following table provides informa- tion about the 10 items that she carries: ITEM NUMBER UNIT cosr . DEMAND (UNITS) E102 $4 300 023 $3 ' 1,200 027 $3 I 700 R02 $2 1,000 R19 $3 200 5107 $6 500 $123 $1 1,200 U11 $7 ' s00 U23 $1 1,500 v75 I $4 1,500 Use ABC analysis to classify these items into categories A, B, and C. B: . . 12.47 First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost con- stant at 12,500 pages of documents. The lead time for paper delivery is normally distributed with a mean of 4 days and a standard deviation of 1 day. A 97% service level is expected. Compute First's ROP. PX

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!