How many days of safety stock for each part number does the company plans to carry ? How much total? Fili the missing spaces in the table to calculate. PART NO. 1A1 PART NO, CCC PART NO. 282 Current Planned Satety Stock in Dollars S 500.000 Daily Usage in Dollars (3500 X S500) S1,750,000 Days of Safety Stock (5500,000/51.750,000) -0.29 days Total Safety Stock (days) = Tip Days of Salety Stock Curremt Planned Safety Stock in Dolan/Daly Usagein Dlan Total Salety Stock ie days for Part JAI S5 for Part CcC S5 for Part 202 ia REPLENISHMENT & SAFETY STOCK STUDY CASE Consider the following scenario: The Supply Manager in a "widget" manufacturing company operating in a Make-To-Stock environment, decided to review its inventory position after a discussion with the company's Controller; who expressed that the company had way too much purchased material inventory and was negatively impacting the company's cash flow. The Supply Manager requested the Purchasing & Materials group to review the 3 highest dollar purchased items and verify their purchasing and inventory practices and if their safety stocks were properly set. Demand for these materials had been reasonably "stable" and was anticipated to continue that way. Purchasing placed orders for materials and components to suppliers to cover requirements on a weekly basis and the company operates in a 5-day week schedule. The Supply Manager's staff presented the following information. High Runner Purchased Parts Price per Unit Daily Requirements Current Planned Safety Stock in Pcs Current On-Hand Inventory in Pcs Providing Vendor Delivery Performance Average Vendor Order Recoveryla when late in Days $ 500 USD 3500 pcs $ 25 USD $ 1800 USD 1000 pcs 24000 pcs 1000 pcs 60,000 pcs 1,000 pcs 1000 pcs 90,000 pcs 3000 pcs 85% of Orders 98% of Orders 90% of Orders On-Time On-Time On-Time 10 working days Vendor Lead Time 1 working days 5 working days