Define current inventory control system for football helmets, Operation Management

Assignment Help:

Tune Football Helmets Company is considering changing its current inventory control system for football helmets. The information regarding the helmets is given below.

Demand = 200 units/week

Lead time = 2 weeks

Order cost = $60/order

Unit cost = $20

Carrying charge rate = 0.075

Desired service level = 90%

Inventory Position (IP) = 450

Standard deviation of weekly demand = 40

Number of weeks per year = 52

Compute T and M for a fixed period inventory system model with and without safety stock. Explain how this system would operate.


Related Discussions:- Define current inventory control system for football helmets

Explain project implementation and communication strategy, Of all the discu...

Of all the discussions and assignments provided in this course, evaluate how Project proposal, project implementation and communication strategy might specifically support your abi

Explain why are service typically more difficult to automate, Why are servi...

Why are services typically more difficult to standardize, automate, and make efficient?

Explain why do firms engage in fdi, Why do firms engage in FDI when alterna...

Why do firms engage in FDI when alternatives such as exporting and licensing are available? How do location-specific advantages influence organisational decisions on FDI?

What internal problems outcome from the current planning, What internal pro...

What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability (e.g. high and low levels).

Explain what is the productivity measure, A hamburger factory produces 40,0...

A hamburger factory produces 40,000 hamburgers each week. The equipment used costs $5,000 and will remain productive for 4 years. The labor cost per year is $9,500. a. What is t

Explain what are the correlation coefficient, Mark Gershon, owner of a musi...

Mark Gershon, owner of a musical instrument dis-tributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 du

Define relationship between job satisfaction and performance, When Scott Tw...

When Scott Tweedy picked up a magazine article on how to manage health care workers, he was pleased to some advice. Scott was concerned about poor or mediocre performance on

Forecast, Saint Louis - LAW - 822 NotesWednesday, October 31, 20122:31 PMRe...

Saint Louis - LAW - 822 NotesWednesday, October 31, 20122:31 PMReview: Causation:o The defendant must have been the proximate cause of the injury/death:Death must have been reasona

Predetermined time standards (pts) - process design, Predetermined Time Sta...

Predetermined Time Standards (PTS) - Process Design This is a work measurement technique whereby times established for basic human motions (classified according to the nature

Explain the working of employees in flexible organisations, Explain the wor...

Explain the working of employees in flexible organisations. Working of employees in flexible organisations: • Production workers may be needed to take on indirect tasks as l

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd