For a particular SKU, the lead time is 4 weeks, the average demand is 150 units per
Question:
For a particular SKU, the lead time is 4 weeks, the average demand is 150 units per week, and safety stock is 100 units. What is the average inventory if 1600 units are ordered at one time? What is the order point?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Average inventory ...View the full answer
Answered By
Sharat Chandra
A Mechanical engineer by profession and an Undergraduate Physicist by passion. just love to share my subject expertise with student across the globe.It will also help them learn better and score higher. I am just good enough to make the content very interesting as per the subject requirement. Also helps them to realize their full potential.
0.00
0 Reviews
10+ Question Solved
Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
Question Posted:
Students also viewed these Earth sciences questions
-
For a particular SKU, the lead time is 6 weeks, the average demand is 90 units a week, and safety stock is 200 units. What is the average inventory if 10 weeks supply is ordered at one time? What is...
-
Management has stated that it will tolerate one stockout per year. The forecast of annual demand for a particular SKU is 100,000 units, and it is ordered in quantities of 10,000 units. The lead time...
-
If in problem 11.15, management said that it is considering increasing the service level to one stockout every 2 years, what would the new safety stock be? If the cost of carrying inventory on this...
-
If the protein produced full length antibody, what would be the next step after centrifugation?
-
Suppose some astronauts have landed on Mars. (a) When Mars and Earth are on the same side of the Sun and as close as they can be to one another, how long does it take for radio transmissions to...
-
In the diagram, the perpendicular bisectors of ABC meet at point G and are shown in blue. Find the indicated measure. Find BG. A D 6, 9 B 3 G F E C
-
Outline some of the different small business models in the current industry. LO.1
-
Franklin Co. has experienced gross profit ratios for 2010, 2009, and 2008 of 33%, 30%, and 31%, respectively. On April 3, 2011, the firms plant and all of its inventory were destroyed by a tornado....
-
A Treasury bond that matures in 10 years has a yield of 7%. A 10-year corporate bond has a yield of 9%. Assume that the liquidity premium on the corporate bond is 1.5%. What is the default risk...
-
The drawing shown is of a mounting fixture to locate and orient a rod (not shown) through the large bore. The fixture will be bolted to a frame through the four bolt holes that are countersunk to...
-
An item has a weekly demand of 240 units throughout the year. The item has a unit value of $42 and the company uses 20% of the item value for the annual inventory cost. When ordered, the setup cost...
-
Given the following data, calculate the average x of the distribution and the standard deviation (). Period Actual Deviation Deviation Demand Squared 500 600 425 4. 450 5 600 6. 575 375 8. 475 525...
-
Anton purchases a building on May 4, 2002, at a cost of $270,000. The land is properly allocated $30,000 of the cost. Anton sells the building on October 18, 2020, for $270,000. What is the character...
-
Briefly explain the difference between a k-factor model and the capital asset pricing model
-
Refer to the cost data, Picture below. Take off the square feet of wall forms and cubic yards of ready mix concrete for the walls of the elevator pit. Determine the total material and labor cost for...
-
possible Submit quiz A researcher studies water clarity at the same location in a lake on the same dates during the course of a year and repeats the measurements on the same dates 5 years later. The...
-
A liquid hydrocarbon mixture was made by adding 295 kg of benzene, 289 kg of toluene and 287 kg of p-xylene. Assume there is no change of volume upon mixing, i.e., Vmix=0 , in order to determine: 1....
-
b) Maseru Development Bank has R850 million credit with Matsieng Hydroelectric Power, with a maturity of eighteen months. The expected loss for Maseru Development Bank is R22 million, and the...
-
For the source-follower network of Fig. 8.91 : a. Determine A vNL , Z i , and Z o . b. Sketch the two-port model of Fig. 5.75 with the parameters determined in part (a) in place. c. Determine AvL and...
-
When you weigh yourself on good old terra firma (solid ground), your weight is 142 lb. In an elevator your apparent weight is 121 lb. What are the direction and magnitude of the elevator's...
-
The widely used herbicide Roundup is starting to lose its effectiveness in killing certain weeds. Explain why.
-
Why is pesticide misuse increasingly viewed as a global environmental problem?
-
How is IPM related to ecological concepts such as food webs and energy flow?
-
A project with an initial cost of $32,000 is expected to provide cash flows of $12,900, $13,100, $16,200, and $10,700 over the next four years, respectively. If the required return is 8.1 percent,...
-
A company that is expecting to receive EUR 500,000 in 60 days is considering entering into an FX futures contract to lock an exchange rate to USD for the transaction. The FX rate on the contract is...
-
Suppose you bought a bon with an annual coupon rate of 6.5 percent one year ago for $1,032. The bond sells for $1,020 today. a. Assuming a $1,000 face value, what was your total dollar return on this...
Study smarter with the SolutionInn App