The demand data that follows was collected for a product using periods of 5 day(s) in...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The demand data that follows was collected for a product using periods of 5 day(s) in length. The lead time for this product is 2 week(s). The desired service level is 90%. Calculate the safety stock level (SS) and the reorder point (ROP). Use the MAD to calculate safety stock. Demand 225 243 209 261 237 223 SS= 22.4 ROP = 255.4 SS 22.4 ROP=674.8 SS = 37.5 ROP = 689.9 SS= 62.8 ROP = 715.2 SS= 13.4 ROP = 665.8 The demand data that follows was collected for a product using periods of 5 day(s) in length. The lead time for this product is 2 week(s). The desired service level is 90%. Calculate the safety stock level (SS) and the reorder point (ROP). Use the MAD to calculate safety stock. Demand 225 243 209 261 237 223 SS= 22.4 ROP = 255.4 SS 22.4 ROP=674.8 SS = 37.5 ROP = 689.9 SS= 62.8 ROP = 715.2 SS= 13.4 ROP = 665.8
Expert Answer:
Answer rating: 100% (QA)
SOLUTION 1 Find the mean average demand Mean 225 243 209 261 237 223 6 235 ... View the full answer
Related Book For
Business Logistics Supply Chain Management
ISBN: 978-0130661845
5th edition
Authors: Ronald H. Ballou
Posted Date:
Students also viewed these general management questions
-
Use the attached "words.txt" file to store the words along with their ranks in an AVL tree. Then provide the user the option to search for any word. If the word exists the program displays the rank...
-
The diagonals of a quadrilateral ABCD intersect each other at the point O such that AO/BO=CO/DO. Show that ABCD is a trapezium.
-
EBIT $ 600,000 g 0.0% r 10.0% Shares o/s 200,000 Taxes 25.0% NI $ 450,000 Before Recapitalization: Value of Ops $ 4,500,000 Value per share $ 22.50 EPS $ 2.25 1:13 sthn 1h dialexh Recap: New debt...
-
Kenora Supplies has a periodic inventory system and uses the gross margin method of estimating inventories for interim financial statements. The business had the following account balances for the...
-
Describe three alternative profit measures that can be used to measure divisional performance. Which measures are preferable for (a) Measuring divisional managerial performance (b) Measuring...
-
The advantage(s) of the UNIQUAC equation is/are that (a) It is suitable for solutions having small as well as large molecules (b) The equation is simple as it consists of only two adjustable...
-
Transworld Moving has been hired to move the office furniture and equipment of Cohen Properties to their new headquarters. What route do you recommend? The network of roads is shown inFigure. New...
-
Sandy Pears, Managing Director of Little Pear Juice Co, gives you feedback that $90.25 is the superannuation contribution amount paid for Daniella. Is the contribution amount paid to Daniella...
-
A rod on a ball and socket joint is attached to cables A and B as in Figure. (a) If a 50-N force is exerted on the massless rod at G, what is the tensile force at cables A and B? (b) Solve for the...
-
Create a C++ class named Rectangle, which has two data members one is the breath and the other is length of the rectangle, It also has a function named Area() which calculated the area of the...
-
Write down a program that will perform matrix operations on arrays dynamically allocated on runtime. The program will take the dimensions of two input arrays and then the values of the arrays from...
-
The World Wide Web - a system in the global network is called: * 1 point FTP BBS WWW E - m il
-
Suppose that Algorithm1 has the running time (nlog2n) steps for input size n. Suppose that we devise a Divide-and-Conquer algorithm that divides an input into two inputs half as big, and does D (n) =...
-
7. Consider the basic syntax of UPDATE statement as given below. How can we ensure with this syntax that at most one record is updated? [1 mark] UPDATE some Table SET someColumn = someValue WHERE...
-
A city has just added 100 new female recruits to its police force. The city will provide a pension to each new hire who remains with the force until retirement. In addition, if the new hire is...
-
Define a function f: RR by the formula f(x) = 9x - 2. Prove that f is onto. Let y E R. Then Y + 2 ER, and 9 f(x + 2) = (a 9 X 2 b = X
-
In the figure, two loudspeakers, separated by a distance of d1 = 2.63 m, are in phase. Assume the amplitudes of the sound from the speakers are approximately the same at the position of a listener,...
-
A large medical clinic uses 500 cases of floor polish per year. Purchases are made at an ordering cost of $15 per order. Inventory-carrying cost is 20 percent per year. The price schedule, which...
-
The California Fruit Growers' Association is a consortium of fruit farmers on the West Coast for product distribution. The association currently operates 24 warehouses throughout the country. For the...
-
Suppose that an auto part in a manufacturer's inventory has the following characteristics: a Design a reorder point control system for this part, given the assigned P. How would you state the...
-
Dahlitz Ltd was registered on 2 January 2025. The following events occurred in that year. Required (a) Prepare entries in general journal form to record the transactions. (b) Show the equity section...
-
(a) As the above share issue was a private placement with several well-known investors, prepare the journal entry, in general journal form, made by the company to record the share issue. (b) How...
-
The following events occurred in the newly formed company, Bourke Ltd, which was registered on 31 January 2025. Required (a) Prepare ledger (T accounts) to record the events in the records of Bourke...
Study smarter with the SolutionInn App