Question
The company is currently conducting an inventory review. Calculate the target inventory value (T) and the current order size for a P-system. (T/size) The expected
The company is currently conducting an inventory review. Calculate the target inventory value (T) and the current order size for a P-system. (T/size)
The expected weekly demand is 1250 units. The standard deviation for a week is 250 units. The TBR 4 weeks and the lead time is 1 week. The cycle service level is 94%. After review, it is shown that there are 1260 units on hand.
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Operations Management
Authors: R. Dan Reid, Nada R. Sanders
4th edition
9780470556702, 470325046, 470556706, 978-0470325049
