answer a and b 5 (Q ) Model (5 20 Points) A regional service shop for a TV manufacturer keeps a stock of TV circuits The purchasing lead time is three weeks, during which the demand is uniformly distributed on the range 1200, placing an order cost $150 Annual inventory holding cost is taken to be 25 percent Shortages are backordered at a fixed cost of S6 per unit short (a) What is the average lead time demand (b) What values of Q and r would you recommend to minimize the inventory system cost 5 (Q ) Model (5 20 Points) A regional service shop for a TV manufacturer keeps a stock of TV circuits The purchasing lead time is three weeks, during which the demand is uniformly distributed on the range 1200, placing an order cost $150 Annual inventory holding cost is taken to be 25 percent Shortages are backordered at a fixed cost of S6 per unit short (a) What is the average lead time demand (b) What values of Q and r would you recommend to minimize the inventory system cost

Question

answer a and b 5  (Q ) Model (5 20 Points) A regional service shop for a TV manufacturer keeps a stock of TV circuits  The purchasing lead time is three weeks, during which the demand is uniformly distributed on the range  1200, placing an order cost $150  Annual inventory holding cost is taken to be 25 percent  Shortages are backordered at a fixed cost of S6 per unit short  (a) What is the average lead time demand  (b) What values of Q and r would you recommend to minimize the inventory system cost  5  (Q ) Model (5 20 Points) A regional service shop for a TV manufacturer keeps a stock of TV circuits  The purchasing lead time is three weeks, during which the demand is uniformly distributed on the range  1200, placing an order cost $150  Annual inventory holding cost is taken to be 25 percent  Shortages are backordered at a fixed cost of S6 per unit short  (a) What is the average lead time demand  (b) What values of Q and r would you recommend to minimize the inventory system cost

SolutionInn · Accepted Answer

The Answer is in the image, click to view ...

answer a and b 5. (Q.) Model (5+20 Points) A regional service shop for a TV manufacturer keeps a stock of TV circuits. The purchasing

Step by Step Solution

Step: 1

Step: 2Unlock detailed examples and clear explanations to master concepts

Step: 3Unlock to practice, ask and learn with real-world examples

Claim Your Hoodie Now!

Recommended Textbook for

Study Smart with AI Flashcards

Students Have Also Explored These Related Accounting Questions!

Need Help Finding the Right Answer?

Ask AI Tutor

Practice with Flashcards

Get Free Textbooks