Question: Using the following data, solve for reorder point ROP and ROP plus safety stock. DD Average daily demand = 80 RC Replenishment Cycle = 5

Using the following data, solve for reorder point ROP and ROP plus safety stock. DD Average daily demand = 80 RC Replenishment Cycle = 5 days SS Safety stock = 40 units

A: When the inventory reaches how many units, do you place another order?

B: How many units do you order, including safety stock?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

please help me by showing the calcualtions in detail. Economic Order Quantity ( EOQ ) is a formula that is still used in procurement algorithms. 1 . Solve for number of units EOQ = The most economic...

1. A cereal manufacturer makes its own toy-prices, which are then put into its boxes. While the toy-price manufacturing process is continuous, the cereal is intermittent flow. Data on the cereal...

Inventory Control for a High-Demand Product During Peak SeasonA mid-sized manufacturing facility specializes in producing portable heating equipment for commercial and residential use. One of its...

A cereal manufacturer makes its own toy-prices, which are then put into its boxes. While the toy-price manufacturing process is continuous, the cereal is intermittent flow. Data on the cereal...

Please answer this question in detail. Will leave a rate! 1. A cereal manufacturer makes its own toy-prices, which are then put into its boxes. While the toy- price manufacturing process is...

Compute the necessary items below to find WHEN to order! Reorder point (ROP) calculations: But what if demand isn't constant? ROP = DD X RC under certainty ROP - (DD X RC) SS under uncertainty But...

MGMT 484 Operations Management Assignment 7 (Inventory Management) You can submit your work either as a Word file, or an Excel file or solve it on paper, take a picture, and upload it to Canvas Don't...

my data set is the following; D=1850 H=1 S=8 L=4 d=2.73 Don't forget to explain your work! Your factory manufactures tricycles. You need to purchase front wheels from the supplier. The expected...

Devon is planning a trip abroad to go scuba diving in the Caribbean. When does Devon ask you about travel insurance, which of the following would be a CORRECT response that you could provide to...

The one-year gold futures price is $1,239 per ounce. (ie, the futures price of a contract that expires in one year). The spot price is $1132 per ounce. and the continuous risk-free rate is 2.99% per...

The assessment regarding which big project to invest in is traditionally called Multiple Choice cash flow analysis net present value analysis what - if analysis capita budgeting

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...