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Dbjective Devermine the proper insentory stockire level to maximite leng term erefits. Buckerosed The cwoer of a sales bicok of perishable goods downloaded 10 woeld
Dbjective Devermine the proper insentory stockire level to maximite leng term erefits. Buckerosed The cwoer of a sales bicok of perishable goods downloaded 10 woeld of sales duta from her pos (point of sales) system. Restecking eccurs on a daily basis. An invertory steckout on any given day sets the maximum reverus for that day, yince replenishment erders camot be placed for deivery on the same day. The daily fised cost of eceration is 5160. Ausiznment 1. Develos a relative frequency tabie and trisegram based on the 10 week ales data. 4. Compute the EMV (epected monetary values) for each invernory stocking ievel (decision alternative) based on your reterive frequesies. 5. Determine the best decision tased on the tatle rewith 6. Uaing the toal week tool, determine the mirimum demand required to achiere breakewn with the siven fiked cose. Data Ten Weck Sales Data (Units) Madel R Ireuts
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