Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8 weeks of Data for two warehouses in W. Pa and E. Pa. 99% service level assured. Lead time = 2 weeks. Product A E.Pa-20,14,32,45,18,22,25,29

image text in transcribed

8 weeks of Data for two warehouses in W. Pa and E. Pa. 99% service level assured. Lead time = 2 weeks. Product A E.Pa-20,14,32,45,18,22,25,29 W.Pa24,40,13,45,33,23,18,25 Product B E.Pa66,45,32,18,55,43,56,32 W.Pa-16,65,45,32,28,40,15,40 Ordering cost==$45/order; Holding=$0.50/unit/week Transportation cost=$2/product from the two warehouses and $3 from the centralized warehouse. In-bound transportation cost=$2/product. If centralized, in-bound = $1.50/product Delivery lead time = 2 weeks in both scenarios Do an analysis of the decision to have a centralized warehouse. Calculate the correlation of demand between the two warehouses also in your analysis . . . 8 weeks of Data for two warehouses in W. Pa and E. Pa. 99% service level assured. Lead time = 2 weeks. Product A E.Pa-20,14,32,45,18,22,25,29 W.Pa24,40,13,45,33,23,18,25 Product B E.Pa66,45,32,18,55,43,56,32 W.Pa-16,65,45,32,28,40,15,40 Ordering cost==$45/order; Holding=$0.50/unit/week Transportation cost=$2/product from the two warehouses and $3 from the centralized warehouse. In-bound transportation cost=$2/product. If centralized, in-bound = $1.50/product Delivery lead time = 2 weeks in both scenarios Do an analysis of the decision to have a centralized warehouse. Calculate the correlation of demand between the two warehouses also in your analysis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Mathematics

Authors: OpenStax

1st Edition

1711470554, 978-1711470559

More Books

Students also viewed these Accounting questions

Question

Does your message use dishonest or misleading language?

Answered: 1 week ago

Question

Does your product/program have a descriptive and memorable name?

Answered: 1 week ago

Question

How could any of these nonverbal elements be made stronger?

Answered: 1 week ago