Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(Please don't use ChatGPT, it's incorrect) Give the table above for 2 rated suppliers, determine the final score for BMC. QUESTION 24 A reduction in

image text in transcribed

(Please don't use ChatGPT, it's incorrect)

Give the table above for 2 rated suppliers, determine the final score for BMC. QUESTION 24 A reduction in setup times impacts what? A. Decoupling inventories. B. Buffer inventories. c. Anticipation inventories. D. Cycle inventory levels E. Transit inventories QUESTION 25 An organization implemented a fixed order quantity material management system. The daily demand is normally distributed, as is the lead times. The inventory safety stock's service level corresponds to a z-score of 2.33 . The average daily demand is 46 units With a variance of daily demand of 5 The average lead time is 7 days with a variance of lead time of 1 . Determine the required safety stock in units. Round to the nearest whole unit, if applicable. Give the table above for 2 rated suppliers, determine the final score for BMC. QUESTION 24 A reduction in setup times impacts what? A. Decoupling inventories. B. Buffer inventories. c. Anticipation inventories. D. Cycle inventory levels E. Transit inventories QUESTION 25 An organization implemented a fixed order quantity material management system. The daily demand is normally distributed, as is the lead times. The inventory safety stock's service level corresponds to a z-score of 2.33 . The average daily demand is 46 units With a variance of daily demand of 5 The average lead time is 7 days with a variance of lead time of 1 . Determine the required safety stock in units. Round to the nearest whole unit, if applicable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Process

Authors: Lee Long

4th Edition

978-0201822939,0201822938

More Books

Students also viewed these General Management questions