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Q1 - A distribution center for an automotive store needs to calculate its reorder point for one of its battery model. The distribution center experiences
Q1 - A distribution center for an automotive store needs to calculate its reorder point for one of its battery model. The distribution center experiences a daily demand of 950 batteries with the average length of the performance cycle being 15 days. The operations has determined to keep the safety stock of batteries at 350 units to account for any uncertainty. Calculate the reorder point. Q2 - Calculate EOQ for product A that has an annual sales forecast of 50,000 units. The cost per unit of product A is $1.25 and cost per order is $12.00. Considering the inventory carrying cost to 15% annually. Q3 - Refer to question 11 from page 409 of the textbook and respond to part 11a using this excel worksheet (double click the excel file to open it)
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