Homework Answers
Safety stock is kept in the inventory to deal with the
uncertainty, fluctuation in demand, stock outs etc.
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Dayton Electronics demands a part at a daily rate of 47 units. The lead time for...
Lead time for computers is 5 days with daily demand of 25 and safety stock of...
Lead time for computers is 5 days with daily demand of 25 and safety stock of 5 computers. If management wants to use 11 kanbans how many computers should each one hold? lead time 5 days daily demand 25 units per day safety stock 5 units number of kanbans 11 Excel Access
QUESTION 30 Lead time for computers is 5 days with daily demand of 25 and safety...
QUESTION 30 Lead time for computers is 5 days with daily demand of 25 and safety stock of 5 computers. If management wants to use 18 kanbans how many computers should each one hold? lead time 5 days daily demand 25 units per day safety stock 5 units number of kanbans 18 Excel Access
Question 26 3 points Lead time for computers is 5 days with daily demand of 25...
Question 26 3 points Lead time for computers is 5 days with daily demand of 25 and safety stock of 5 computers. If management wants to use 15 kanbans how many computers should each one hold? lead time daily demand safety stock number of kanbans Excel Access 5 days 25 units per day 5 units 15
7.1 It is reasonable to assume that demand over its replenishment lead time of an item, ISF-086, is nor- mally distributed with x, 20 units and ơ.-4.2 units. a. For a desired service level of P 0...
7.1 It is reasonable to assume that demand over its replenishment lead time of an item, ISF-086, is nor- mally distributed with x, 20 units and ơ.-4.2 units. a. For a desired service level of P 0.90, compute the required safety factor, safety stock, and reor- der point. b. Repeat for P 0.94, 0.98, and 0.999 c. Prepare a rough sketch of safety stock versus P Is the curve linear? Discuss.
7.1 It is reasonable to assume that demand over...
Lead time for computers is 5 days with daily demand of 25 and safety of comme...
Lead time for computers is 5 days with daily demand of 25 and safety of comme use 10 kanbans how many computers should each one ho? lead time 5 days daily demand 25 units per day safety stock 5 units number of kanbans 10 Excel Access
1. Suppose daily demands are i.i.d. random variables, each having probability mass func- tion given by...
1. Suppose daily demands are i.i.d. random variables, each having probability mass func- tion given by 0.30 x=100 0.25 x=150 0.25 x=200 0.20 x=250 Assume that the lead time is 4 days. (a) Using the normal approximation, determine the reorder point R which will achieve a 95% service level (b) Using the normal approximation, determine the reorder point R which will achieve a 99% service level (c) Using the exact calculation, determine the minimum reorder point R which will achieve...
JIT /Lean - Kanban: Daily demand for a product is 200 units. The production lead time...
JIT /Lean - Kanban: Daily demand for a product is 200 units. The production lead time (wait time + production time) for a container is 2 days. A 1-day safety stock is kept. How many kanban containers will be needed if each container holds 50 units? [Show calculations.]
Assume an inventory control system for an independent demand item where the Lead-time is 4 days...
Assume an inventory control system for an independent demand item where the Lead-time is 4 days and the Review Period is 15 days. The expected demand for the end-item is 20,000 units per year. Assume, further, that the manager wants to achieve a cycle service level of 95% in her Q system and she knows that the daily average demand is 10 units (demand is normally distributed). She has determined that her facility is open 250 days a year; her...
There is a daily demand of 10 units with standard deviation 3 unit. The lead time...
There is a daily demand of 10 units with standard deviation 3 unit. The lead time is 14 days with the review period is 30 days. The company set policy of 98% demand satisfaction from items in stock. Beginning inventory is 150 units. How many units should be ordered?
HighLife corporation has the following information: Average demand = 30 units per day Average lead time...
HighLife corporation has the following information: Average demand = 30 units per day Average lead time = 40 days Item unit cost = $45 for orders of less than 400 units Item unit cost = $40 for orders of 400 units or more Ordering cost = $50 Inventory carrying cost = 15% The business year is 300 days Standard deviation of demand during lead time = 90 Desired service level = 95% What is the TAC at $40/unit?
Lead time for computers is 5 days with daily demand of 25 and safety stock of 5 computers. If management wants to use 11 kanbans how many computers should each one hold? lead time 5 days daily demand 25 units per day safety stock 5 units number of kanbans 11 Excel Access
QUESTION 30 Lead time for computers is 5 days with daily demand of 25 and safety stock of 5 computers. If management wants to use 18 kanbans how many computers should each one hold? lead time 5 days daily demand 25 units per day safety stock 5 units number of kanbans 18 Excel Access
Question 26 3 points Lead time for computers is 5 days with daily demand of 25 and safety stock of 5 computers. If management wants to use 15 kanbans how many computers should each one hold? lead time daily demand safety stock number of kanbans Excel Access 5 days 25 units per day 5 units 15
7.1 It is reasonable to assume that demand over its replenishment lead time of an item, ISF-086, is nor- mally distributed with x, 20 units and ơ.-4.2 units. a. For a desired service level of P 0.90, compute the required safety factor, safety stock, and reor- der point. b. Repeat for P 0.94, 0.98, and 0.999 c. Prepare a rough sketch of safety stock versus P Is the curve linear? Discuss.
7.1 It is reasonable to assume that demand over...
Lead time for computers is 5 days with daily demand of 25 and safety of comme use 10 kanbans how many computers should each one ho? lead time 5 days daily demand 25 units per day safety stock 5 units number of kanbans 10 Excel Access
1. Suppose daily demands are i.i.d. random variables, each having probability mass func- tion given by 0.30 x=100 0.25 x=150 0.25 x=200 0.20 x=250 Assume that the lead time is 4 days. (a) Using the normal approximation, determine the reorder point R which will achieve a 95% service level (b) Using the normal approximation, determine the reorder point R which will achieve a 99% service level (c) Using the exact calculation, determine the minimum reorder point R which will achieve...
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