Ten products are ordered by a distributor from a single supplier. The specific product data are given

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Ten products are ordered by a distributor from a single supplier. The specific product data are given in the table below, and the following general information has been gathered. A is

$25, and a = $4. The carrying charge is 18% and the delivery lead time is 1 week.

a. Use the algorithm of Section 10.4.2 to find the order frequencies for each product.

b. If the fill rate target is 98%, use the methods of Chapter 6 to find the order-up-to-level for each product, given the results in part

a. P-96

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Inventory And Production Management In Supply Chains

ISBN: 9781032179322

4th Edition

Authors: Edward A Silver, David F Pyke, Douglas J Thomas

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