Suppose that your firm uses a periodic review system but otherwise the data are the same as

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Suppose that your firm uses a periodic review system but otherwise the data are the same as in Problem 17.

a. Calculate the P that gives approximately the same number of orders per year as the EOQ. Round your answer to the nearest week

b. Find the safety stock and the target inventory level that provide a 95 percent cycle-service level.

c. How much larger is the safety stock than with a Q system?

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Operations management processes and supply chain

ISBN: 978-0136065760

9th edition

Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra

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Question Posted: Jan 24, 2013 02:47 AM

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Suppose that your firm uses a periodic review system but otherwise the data are the same as

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1 Periodic review system a From Problem 17 Number of orders per year DQ 20000894 224 orders p...View the full answer

Operations management processes and supply chain

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