Question: Q 1 . ( 2 0 points ) Give your definition of ROP, DDLT , and SS and write down the mathematical relationship between the

Q1.(20 points)
Give your definition of ROP, DDLT, and SS and write down the mathematical relationship
between the 3 variables.
Q2.(30 points)
The financials for a company is summarized below:
- Purchasing department pays the invoices of suppliers 45 days after date of invoice
- The customers pay for the goods on the average 30 days after date of invoice
- The companys annual COGS (cost of goods sold)1,040,000,000 TL
- The companys average inventory of supply is 90,000,000 TL
1) What is the average inventory days of supply
2) What is the value of Cash-to-cash cycle time in days
Q3.(40 points)
Given the below values for a product
Annual Sales 780 units/year
Weekly standard deviation of sales 15 units
Reorder point 40 units
Leadtime 2 weeks
Order size 70 units
Questions.
1. Plot inventory vs. time graph
2. What is the average weeks of inventory kept ?
3. What is the inventory turnover ratio ?
4. What is the value of coefficient of variation of sales?
5. What is the value of demand during leadtime ?
6. What is the value of safety stock ?

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