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Scenario 1 - Week 1 Adjustable Wrench Initial Mean Demand Holding Cost Ordering Cost 0.05 (unit)(week) 6.7 order 18 units Please place your order which
Scenario 1 - Week 1 Adjustable Wrench Initial Mean Demand Holding Cost Ordering Cost 0.05 (unit)(week) 6.7 order 18 units Please place your order which will arrive in Week 2 16 units Number of Units SUBMIT ORDER Last Week's Demand C Current Inventory: 6 Inventory level 10 units UI 2 T 0 0 1 2 3 4 5 6 7 8 9 10 11 12 weeks 10 11 12 1 N 3 4 5 6 7 8 9 9 22 22 16 6 Inventory Level Beginning of Week Inventory Level After Unloading Customer Demand Inventory Level End of Week Quantity Ordered Order Costs (5) Holding Costs (5) Total Cost incl. Stockout Penalty ($) Total Cumulative Cost ($) 0 0.30 0.30 0.30 Scenario 1 - Week 1 Adjustable Wrench Initial Mean Demand Holding Cost Ordering Cost 0.05 (unit)(week) 6.7 order 18 units Please place your order which will arrive in Week 2 16 units Number of Units SUBMIT ORDER Last Week's Demand C Current Inventory: 6 Inventory level 10 units UI 2 T 0 0 1 2 3 4 5 6 7 8 9 10 11 12 weeks 10 11 12 1 N 3 4 5 6 7 8 9 9 22 22 16 6 Inventory Level Beginning of Week Inventory Level After Unloading Customer Demand Inventory Level End of Week Quantity Ordered Order Costs (5) Holding Costs (5) Total Cost incl. Stockout Penalty ($) Total Cumulative Cost ($) 0 0.30 0.30 0.30
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