Question
Data relating to stores item A are as follows. Daily use: 300 units Lead time for re-supply: 5 - 20 days Reorder quantity: 10,000 units
Data relating to stores item "A" are as follows.
Daily use: 300 units
Lead time for re-supply: 5 - 20 days
Reorder quantity: 10,000 units
Required
what should be the reorder level for this stock item, to avoid the possibility of
inventory-outs?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Reorder Level to Avoid Stockouts for Item A To prevent stockouts for item A we need to calculate the ...
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Step: 2
Step: 3
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Operations Management Managing Global Supply Chains
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
1st edition
1506302935, 1506302939, 978-1506302935
