Define total performace cycle

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Define Total Performace Cycle and explain its role in service levels

Define Reorder point by providing the formula and decribing the components

Explain what a DRP is and the role of performance cycle in it.

Mr. Stan Busfield, distribution center manager for Hogan Kitchenwares, must determine when resupply his stock of spatulas. The DC experiences a daily demand of 500 spatulas. The average length of the performance cycle for spatulas is 21 days. Mr. Busfield requires that 750 spatulas be retained as safety stock to dean with demand uncertainty. What is the reorder point for spatulas?

Reference no: EM133173067

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