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I have posted the other information but it in a different post CURRENT SAFETY STOCK ANALYSIS (25 points) Question No. 2. How much safety stock
I have posted the other information but it in a different post
CURRENT SAFETY STOCK ANALYSIS (25 points) Question No. 2. How much safety stock in dollars for all three Purchased parts does the company plans to carry ? (from previous table) Total Safety Stock ($) = > Question No. 3. - How many days of safety stock for each part number does the company plans to carry ? How much total? Fill the missing spaces in the table to calculate. PART NO. 1A1 PART NO. CCC PART NO. 2B2 Current Planned Safety Stock in Dollars $ 500,000 ? ? Daily Usage in Dollars (3500 x $500) = $ 1,750,000 ? ? Days of Safety Stock ($500,000 / $1,750,000) = 0.29 days ? ? Total Safety Stock (days) Tip Days of Safety Stock = Current Planned Safety Stock in Dollars / Daily Usage in Dollars Total Safety Stock in days = SS for Part 1A1 + SS for Part CCC + SS for Part 2 CURRENT SAFETY STOCK ANALYSIS (25 points) Question No. 2. How much safety stock in dollars for all three Purchased parts does the company plans to carry ? (from previous table) Total Safety Stock ($) = > Question No. 3. - How many days of safety stock for each part number does the company plans to carry ? How much total? Fill the missing spaces in the table to calculate. PART NO. 1A1 PART NO. CCC PART NO. 2B2 Current Planned Safety Stock in Dollars $ 500,000 ? ? Daily Usage in Dollars (3500 x $500) = $ 1,750,000 ? ? Days of Safety Stock ($500,000 / $1,750,000) = 0.29 days ? ? Total Safety Stock (days) Tip Days of Safety Stock = Current Planned Safety Stock in Dollars / Daily Usage in Dollars Total Safety Stock in days = SS for Part 1A1 + SS for Part CCC + SS for Part 2Step by Step Solution
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