Question: PLEASE DO # 1 3 - 2 1 & $# 1 3 - 2 2 # 1 3 - 2 1 : Dumgor Appliance Center
PLEASE DO # & $#
#: Dumgor Appliance Center sells and services several brands of major appliances. Past sales for a particular model of refrigerator have resulted in the following probability distribution for demand:
The lead time, in weeks, is described by the following distribution:
Based on cost considerations as well as storage space, the company has decided to order of these each time an order is placed. The holding cost is $ per week for each unit that is left in inventory at the end of the week. The stockout cost has been set at $ per stockout. The company has decided to place an order whenever there are only refrigerators left at the end of the week. Simulate weeks of operation for Dumoor. Appliance, assuming there are currently units in inventory. Determine what the weekly stockout cost and weekly holding cost would be for the problem.
Use the table experiment setup below for both simulations.
RN is the first column from Table p
: and
Totals End Inv Lost Sales
The total stock out cost total # of lost sales$
The total holding cost total # of End Inv$
For # repeat the same simulation with the same random numbers but reorder point is refrigerators instead of
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