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A dynamic inventory system manages the storage of an item using a fixed order quantity approach policy of Q = 40 units and 6 working
A dynamic inventory system manages the storage of an item using a fixed order quantity approach policy of Q = 40 units and 6 working days. The inventory system begins with a stock of 30 items, with 6 unit Reorder point and 2 days Lead time. Storage fee is Rp 500,- per day per item. The customer demand data is known for 6 sequential requests as shown in Table-1. Question : a) Describe the stock profile in inventory b) Calculate the average number of stocks in the inventory c) Calculate the total cost of saving money incurred Table-1. Sequence data for the first 6 customers Day Large Demand 1 12 2. 3 9 4 8 5 6 6 5 10 A dynamic inventory system manages the storage of an item using a fixed order quantity approach policy of Q = 40 units and 6 working days. The inventory system begins with a stock of 30 items, with 6 unit Reorder point and 2 days Lead time. Storage fee is Rp 500,- per day per item. The customer demand data is known for 6 sequential requests as shown in Table-1. Question : a) Describe the stock profile in inventory b) Calculate the average number of stocks in the inventory c) Calculate the total cost of saving money incurred Table-1. Sequence data for the first 6 customers Day Large Demand 1 12 2. 3 9 4 8 5 6 6 5 10
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