Answered step by step
Verified Expert Solution
Question
1 Approved Answer
5!. Solve the problem of distribution centre (DC) location (x, y) for the following data about suppliers and customers' locations and distributed quantities (Table 4).
5!. Solve the problem of distribution centre (DC) location (x, y) for the following data about suppliers and customers' locations and distributed quantities (Table 4). (3 pts) Table 4. Distribution of demand during lead time. Location coordinates Transportation r and R weights Distributed quantity [items] Supplier / Customer Supplier 1 Supplier 2 (3, 2) 2.0 300 (2, 10) 1.5 200 (0, 0) 1.0 350 Customer 1 Customer 2 (3,5) 2.0 150 X = y = 5!. A small commercial company sells kichen equipment standard products in a set. Each set ordering cost is 25, and holding inventory cost is 10 per set per year. In order to meet demand, the company orders large quantities of the sets 5 times a year. The stockout cost is estimated to be 50 per set. Over the last several years, the company has observed the following demand for sets during the lead time (Table 5). The reorder point for set of products is 50 units. What level of safety stock should be maintained for the set of products? Put the calculations in the table (Table 6) (4 pts) Table 5. Distribution of demand during lead time. Demand during lead time 30 40 50 Probability 0.2 0.2 0.3 60 70 0.2 0.1 Table 6. Cost calculation for safety stock options. Additional ordering and holding inventory cost Safety stock Stockout cost Total cost 0 10 20 Safety stock = ... 5!. Solve the problem of distribution centre (DC) location (x, y) for the following data about suppliers and customers' locations and distributed quantities (Table 4). (3 pts) Table 4. Distribution of demand during lead time. Location coordinates Transportation r and R weights Distributed quantity [items] Supplier / Customer Supplier 1 Supplier 2 (3, 2) 2.0 300 (2, 10) 1.5 200 (0, 0) 1.0 350 Customer 1 Customer 2 (3,5) 2.0 150 X = y = 5!. A small commercial company sells kichen equipment standard products in a set. Each set ordering cost is 25, and holding inventory cost is 10 per set per year. In order to meet demand, the company orders large quantities of the sets 5 times a year. The stockout cost is estimated to be 50 per set. Over the last several years, the company has observed the following demand for sets during the lead time (Table 5). The reorder point for set of products is 50 units. What level of safety stock should be maintained for the set of products? Put the calculations in the table (Table 6) (4 pts) Table 5. Distribution of demand during lead time. Demand during lead time 30 40 50 Probability 0.2 0.2 0.3 60 70 0.2 0.1 Table 6. Cost calculation for safety stock options. Additional ordering and holding inventory cost Safety stock Stockout cost Total cost 0 10 20 Safety stock =
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started