Measuring various inventory levels and order quantities

Assignment Help Operation Management

Reference no: EM13825164

Consider the following data pertaining to a distribution center.

Mean Weekly Demand 100
Standard Deviation of Weekly Demand 30
Lead Time 2 Weeks

# of weeks in year 50
Ordering cost: $50 /order
Holding cost: $4 /unit /week.
Cycle service level: 97%

You have to measure order quantity, cycle inventory, safety inventory, reorder level, annual inventory holding cost, number of orders per year, annual ordering cost

additional Requirement

This question is a part of Operations Management and it deals with measuring inventory levels, order quantities, etc. With measures such as mean weekly demand, standard deviation and lead time, various inventory levels have been calculated.

Word limit 300

Reference no: EM13825164

Questions Cloud

Accepting or rejecting potential patients : In regard to accepting or rejecting potential patients, which of the following are required to comply with the provisions of the American with Disabilities Act?

Describe and explain performance trends : The problem belongs to Economics, mainly Macroeconomics and it is explain the writing a report on an economy which covers macroeconomic factors such as price level analysis, production output performance analysis and labor market analysis.

Question medical staffing decisions : Under the doctrine of _____________________ courts will not question medical staffing decisions.

Terminate nutrition and hydration : A state may require ________ evidence standard/burden of proof when a guardian seeks to terminate nutrition and hydration of an individual in a persistent vegetative state.

Measuring various inventory levels and order quantities : Measuring Various Inventory Levels and Order Quantities

Compute the ending inventory for dino radja company : Compute the ending inventory for Dino Radja Company for 2005 through 2010 using the dollar-value LIFO method

Create a project charter and identify the key constraints : Create a project charter and identify the key constraints of the project

Evidence of fraud-illegality or injustice : 1. ________ is appropriate when there is evidence of fraud, illegality, or injustice. 2. EMTALA not only applies to the ______ but to all patients.

Overall marketing of organisations : Explore the role of personal selling within the overall marketing of organisations - Identify and evaluate the stages in the selling process

User Account

All Pages