Question: Using the following table, answer subsequent questions: Store 1 Store 2 Warehouse Avg Demand (daily) 30 35 std demand 5 5 lead time to manufacturer
Using the following table, answer subsequent questions:
|
| Store 1 | Store 2 | Warehouse |
| Avg Demand (daily) | 30 | 35 |
|
| std demand | 5 | 5 |
|
| lead time to manufacturer (daily) | 5 | 4 | 2 |
| std lead time | 0 | 0 | 0 |
| lead time to warehouse (daily) | 3 | 2 |
|
- What is the safety stock for Store 1 (98% service level) in option a?
- What is the safety stock for Store 2 (98% service level) in option a?
- What is the safety stock for Store 1 (98% service level) in option b?
- What is the safety stock for Store 2 (98% service level) in option b?
- What is the average demand for the warehouse?
- What is the safety stock for the warehouse in option b?
- What is the total safety stock in a (total of two stores not including manufacturer)
- What is the total safety stock in b (two stores + warehouse)
- If the order size is 100 units, what is the expected average inventory for store 1 in option a?
- Please discuss these two network designs (cons and pros) in great detail (300 words)?
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