Question: The following questions involve inventory management using the demand data in the table below for 1 3 weeks ( weeks 1 0 - 2 2
The following questions involve inventory management using the demand data in the table
below for weeks weeks for the year for one product.
week demand Inventory at end of week
at end of week
Suppose inventory is managed with a continuous review system where the reorder point R
units and the order size Q is units. There are no previous orders that have not yet been
delivered. The lead time is a constant weeks. At the beginning of week same as end of
week the inventory level is units. Orders are made at the end of a week.
ptsi Fill in the empty column in the table above with the inventory level at the end of each
week.
ptsii The next order is made at the end of week
a
b
c
d
e
f none of the above.
ptsiii The size of the next order is
a
b
c
d
e
f none of the above.
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