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Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 2 0 , 4 0
Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of units per year. It costs Leaky Pipe $ to process an order to replenish stock and $ per unit per year to carry the item in stock. Stock is received working days after an order is placed. No backordering is allowed. Assume working days a year. Part a Leaky Pipe's optimal order quantity is enter your response here units. Enter your response rounded to the nearest whole number. Part b The optimal number of orders per year is enter your response here orders. Enter your response rounded to the nearest whole number. Part c The optimal intervalin working days between orders is enter your response here days. Enter your response rounded to one decimal place. Part d The demand during lead time is enter your response here units. Enter your response rounded to the nearest whole number. Part e The reorder point is enter your response here units. Enter your response rounded to the nearest whole number. Part f The inventory position immediately after an order has been placed is enter your response here units. Enter your response rounded to the nearest whole number.
Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of units per year. It costs Leaky Pipe $ to process an order to replenish stock and $ per unit per year to carry the item in stock. Stock is received working days after an order is placed. No backordering is allowed. Assume working days a year.
Part
a Leaky Pipe's optimal order quantity is enter your response here units. Enter your response rounded to the nearest whole number.
Part
b The optimal number of orders per year is enter your response here orders. Enter your response rounded to the nearest whole number.
Part
c The optimal intervalin working days between orders is enter your response here days. Enter your response rounded to one decimal place.
Part
d The demand during lead time is enter your response here units. Enter your response rounded to the nearest whole number.
Part
e The reorder point is enter your response here units. Enter your response rounded to the nearest whole number.
Part
f The inventory position immediately after an order has been placed is enter your response here units. Enter your response rounded to the nearest whole number.
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