in the context of MPR, what is the differnce between safety stock and safety lead time?...
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
Safety stock is calculated as the difference between the maximum daily usage and the: O A. average daily rate of usage O B.average number of days of lead time multiplied by the rate of usage C. average daily rate of usage multiplied by the number of days lead time OD.number of days of lead time Safety stock is calculated as the difference between the maximum daily usage and the: O A. average daily rate of usage O B.average number of...
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
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
Given this information: Expected demand during lead time = 285 units Standard deviation of lead time demand = 16 units Use Table. Determine each of the following, assuming that lead time demand is distributed normally: a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.) ROP _____ units b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do...
Given this information: Expected demand during lead time = 295 units Standard deviation of lead time demand = 20 units Use Table. Determine each of the following, assuming that lead time demand is distributed normally: a. The ROP that will provide a risk of stockout of 2 percent during lead time. (Round your answer to the nearest whole number.) ROP units b. The safety stock needed to attain a 2 percent risk of stockout during lead time....
Use the following inventory information for the MRP problems that follow regarding Z: Lot Size: On Hand: 4,000 800 0 Safety Stock: Allocated: Lead Time: Regardless of the values for Y computed above, use the following information going forward. (That is, do not change your earlier answers but use the new values going forward.) Note: These are not the correct answers for the questions above. Planned order releases of 1.200 for X in periods four, five, and seven. Planned order...
Given this information: Lead-time demand = 620 pounds Standard deviation of lead time demand = 50 pounds (Assume normality.) Acceptable stockout risk during lead time = 4 percent Use Table. a. What amount of safety stock is appropriate? (Round your answer to the nearest whole number.) Safety stock units b. When should this item be reordered? (Round your answer to the nearest whole number.) ROP units c. What risk of stockout would result from a decision not to have any...
. Which statement about inventory review systems IS FA! In Q system, safety stock is needed only for the lead-time period. 1 P system, inventory levels are reviewed periodically at fixed time interval Ve. P system requires a lower safety stock than system. D. In a system a higher than system, a higher than normal demand causes a shorter time between whereas in P system, the result would be a larger order size.
Suppose a social planner is able to decide whether a particular industry will operate under a perfectly competitive market structure or a monopoly. 1. (8 points) Explain how the outcomes under these two market structures typically differ and make a suggestion to the social planner about which one to choose based on your answer. 2. (2 points) Suppose the social planner tells you that, given the particular circumstances in this market, the total quantity produced under the two scenarios would...