Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Plese answer Information for ON to 014 (Safety Stock and ROPE tem PO-23 has a weekly demand of 500 units with standard deviation of 300
Plese answer
Information for ON to 014 (Safety Stock and ROPE tem PO-23 has a weekly demand of 500 units with standard deviation of 300 The current Inventory replenishme at poboy is to order 10,000 units when inventory drops to 6,000 units, The vendor tales exactly nine weeks to fill an order. The current policy implies a safety stock of A) 4,500 units B) 6,000 units C) 10,000 units "DJ_1.500 units The current cycle service level (C) is B) 93 32% DJ 97.72% 10. If a CSL of 99% is desired, the Safety Stock (SS) should be: CAL6,597 units 6) 2097 units C) 1,165 units DJ 6,360 units 11. If a CSL of 99% is desired, the Reorder Point (ROP) should be: N 6,597 units B) 2.097 units C) 1,165 units D) 6,360 units 12. If the Replenishment Lead Time is reduced from 9 weeks to 4 weeks, the required safety stock will: A) decrease BJ increase C) stay the same D) hard to tell 13. If the desired Cycle Service Level is reduced from 99%% to 95%%, the required safety stock will: A) decrease B) Increase C) stay the same D) hard to tell 14. If the Volatility of Demand (measured by the standard deviation of weekly demand) increases from current 300 units to 400, the required safety stock will: A) decrease B) increase C) stay the same DJ hard to tellStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started