Question
2345690 COST PARAMETERS SYSTEM PARAMETERS Ordering Cost $ 50.00 min (if below) Holding Cost $ 0.02 max (order up to) 2,500 4,500 Avg Demand
2345690 COST PARAMETERS SYSTEM PARAMETERS Ordering Cost $ 50.00 min (if below) Holding Cost $ 0.02 max (order up to) 2,500 4,500 Avg Demand (d) St Dev (a) 925 125 Shortage Cost $ 2.00 7 $ 84,750 $ SIMULATION 95,613 $ 347,316 $ RESULTS 527,679 Beginning Beginning Number Day Inventory On- Inventory Daily Demand Ordered Day-End Inventory Total Cost For Ordering Costs Holding Costs Shortage Costs Day 9 Hand Position 10 1 1,700 1,700 2,800 897 803 11 2 803 3,603 0 960 0 12 3 2,800 2,800 0 879 1,921 13 4 1,921 1,921 2,579 934 987 14 5 987 3,566 0 1,148 0 15 6 2,579 2,579 0 1,096 1,483 16 7 1,483 1,483 3,017 831 652 17 8 652 3,669 0 817 0 18 9 3,017 3,017 0 1,172 1,845 19 10 1,845 1,845 2,655 984 861 Ssssssssss $ 50.00 $ 16.06 $ $ 66.06 $ $ 314.00 $ 314.00 $ 38.42 $ $ 38.42 $ 50.00 $ $ $ 50.00 $ $ $ 50.00 $ sssssss 19.74 $ $ 69.74 $ 322.00 $ 322.00 $ 29.66 $ $ 29.66 13.04 $ $ 63.04 $ $ 330.00 $ 330.00 36.90 $ $ 36.90 17.22 $ $ 67.22
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