Suppose inventory is managed with continuous review system

Assignment Help Operation Management

Reference no: EM132307784

The following questions involve inventory management using the demand data in the table below for 14 weeks (weeks 12-25 for the year) for one product.

week 12 13 14 15 16 17 18 19 20 21 22 23 24 25

demand 40 35 40 20 30 40 35 45 30 40 30 25 35 40

Suppose inventory is managed with a continuous review system where the order size Q=200 and the reorder point R=160. The lead time is a constant 4 weeks. The previous order was at the end of week 7 and arrived in week 11. At the beginning of week 12 the inventory level is 230 units. Orders are made at the end of a week.

a) Using the demand in the table above, fill in the empty column above with the inventory level at the end of each week. How large is the next order? Show your work.'

b) Using the demand in the table above, when is the next order?

c) Using the demand in the table above, when is the next order after the one in part b)?

Reference no: EM132307784

Questions Cloud

Should hr even be involved in organizational strategic plan : Select a current job opening and summarize its requirements in the category of skills needed, responsibilities, salary, or other eligibility requirements.

Evaluate the agencys approach to lgbtq issues : Evaluate the agency's approach to LGBTQ issues, highlighting the strengths and weaknesses.

Describe how banks benefit of using cloud technologies : ITECH1104 - Cloud and enterprise computing - Federation University - Report and Video Presentation - Provide a brief description of security and privacy needs

Which branch has been most successful in this regard : Compare and contrast the roles of the legislative, executive, and judicial branches of government in protecting civil liberties and civil rights.

Suppose inventory is managed with continuous review system : Suppose inventory is managed with a continuous review system where the order size Q=200 and the reorder point R=160.

Mission statement and the vision of the company whole foods : Determine the mission statement and the vision of the company Whole Foods. What is/are the strategy (ies) adopted by Whole Foods?

How does each one help us to navigate conflict well : How does each one help us to navigate conflict well? What biblical truth contributes to this conversation? Explain your choice.

Theoritical ideas from the services operations management : Discuss this statement using frameworks and theoritical ideas from the services operations management .

Explain the purpose of the naeyc early childhood program : Explain how the "NAEYC Engaging Diverse Families Self-Assessment Checklist" is a useful tool in program evaluation.

User Account

All Pages