Question: Old MathJax webview help me the question b. Use excel of handwriting.Thanks By handwriting or excel.How t calculate question b Hing ACC Problem 2: (Q,s)

Old MathJax webview

Old MathJax webview help me the question b. Use

help me the question b. Use excel of handwriting.Thanks

By handwriting or excel.How t calculate question b

Hing ACC Problem 2: (Q,s) system (Problem 8.3-page 350 textbook) Ceiling Drug is concerned about the inventory control of an important item. Currently they are using ar (Q.s) system where is the EOQ and the safety stock factor k is selected based on a B u shortage costing method. Relevant parameter values are estimated to be: Demand rate D = 2500 units per year, unit variable cost v = $10 per unit, ordering cost A = $5, , 5 carrying rate r = 0.25 $/$/year, fractional charge per unit short B2 = $0.6, demand during lead time given mean demand Q = 500 units, demand standard deviation ou = 100 units. What are the Q and s values currently in use? b. Determine the simultaneous best value of Q and s. a

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!