A firm orders a number of items from a regional warehouse every 2 weeks. Delivery takes 1
Question:
A firm orders a number of items from a regional warehouse every 2 weeks. Delivery takes 1 week. Average demand is 200 units per week, and safety stock is held at 2 weeks’
supply.
a. Calculate the target level.
b. If 600 units are on hand, how many should be ordered?
LO.1
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Related Book For
Introduction To Materials Management
ISBN: 9780132337618
6th Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive
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