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IM . 6 5 Boeing orders a small part ( component ) used in many of its wing assemblies. Below is some information on this
IM Boeing orders a small part component used in many of its wing assemblies. Below is some information on this part:
Cost per case $
Parts per case
Daily usage of parts per day demand
Standard deviation of daily demand
Purchasing lead time in days
Desired service level
Ordering administrative costs $
Annual interest earned on cash
Assume that Boeing operates days per year
What should be the safety stock for this part in parts, not casesDisplay your answer to two decimal places.
What should be the reorder point in parts, not casesDisplay your answer to two decimal places.
What is the economic order quantity in parts, not casesDisplay your answer to the nearest whole number.
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