Question: Problem 1 For the RQ policy, set up the formulas so that you can calculate the appropriate safety stock given the problem and the criteria
Problem
For the RQ policy, set up the formulas so that you can calculate the appropriate safety stock
given the problem and the criteria S S B B B Criteria values are in the table below.
Assume weeks per year.
unitsyear weeks,
$$ units
$
Find the value of the reorder point for the following criteria:
A company sells products using a type of control system. The fixed ordering cost of each item is
$ A manager reviews the stock monthly. The supplier delivers at their location following a lead time
of days use years The inventory carrying charge is year. Assume operating
days per year. The manager has observed that the demand for the XRL line is as follows:
Problem
Find the value of k if it needs to be the same for all products. Assume that the total safety stock value needs to be $
Problem
Complete the calculations for ETSOPY. Assume that the total safety stock value needs to be $
Problem
Complete the calculations for ETVSPY assuming a TS policy. Assume that the total safety stock value needs to be $
Problem
Implement an ETSOPY exchange curve under the RQ policy.
Problem
Implement an ETSVPY curve under the RQ policy.
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