3 Consider the exchange surface in Figure 11. The current inventory policy has yielded 3,586 orders per
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3 Consider the exchange surface in Figure 11. The current inventory policy has yielded 3,586 orders per year, an AII of $1,367,000, and 0.89% shortages.
a Without changing orders per year and AII, by how much can shortages be improved?
b If AII and shortages are maintained at current levels, by how much can orders per year be reduced?
c If shortages and orders per year are maintained at current levels, by how much can AII be reduced?
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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