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Donna Layton, an industrial engineer in the plant, was asked to prepare an inventory cost analysis to determine the expenses involved in holding additional finished
Donna Layton, an industrial engineer in the plant, was asked to
prepare an inventory cost analysis to determine the expenses
involved in holding additional finished goods inventory. Tyler
began his analysis by randomly selecting expedited shipping
records. The sampled data can be found in the file Wendell
Motors. The management team expects a full report in five days.
Tyler knew he would need a model for explaining shipping costs
for expedited orders and that he would also need to answer questions about what effect, if any, shipping on a holiday had on costs.
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