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Jill's Job Shop buys two parts ( Tegdiws and Widgets ) for use in its production system from two different suppliers. The parts are needed
Jill's Job Shop buys two parts Tegdiws and Widgets for use in its production system from two different suppliers. The parts are needed throughout the entire week year. Tegdiws are used at a relatively constant rate andare ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every four weeks. Data for both products are as follows:
a What is the inventory control system for Tegdiws? Round your answers to the nearest whole number.
tableOptimal reorder quantity,,unitsReorder point,,units
b What is the inventory control system for Widgets? Round your answer to the nearest whole number.
Inventory control system for Widgets
I Inventory on hand
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