- Supply Chain Q1 1 (14.36 KiB) Viewed 26 times
Supply Chain Q1:
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answerhappygod
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Supply Chain Q1:
Supply Chain Q1:
QUESTION 1 5 points Angolia's Bar and Restaurants open all the year (365 days) it uses an average of 30 water bottles per week. The demand for the water bottles is asumed to be normal distributed ind us a dady standard deviation of 5 botties. The cost of a bottle is $400 and the annual holding cost per unit is $100 Angela's calculates that it conts $5.00 each time an order is placed and that it takes four days for an order to attivo. Angela would ke to use a continuous recomend order quantity model (RO) mode with a service level p0.98 (205) What is the economic Quantity for Angra to order? (1 mark) b. What should be the value of the safety stock? (1 mark) What should be the order point? (1.5mark) d. Discuss the inventory policy (1.5 marks)
QUESTION 1 5 points Angolia's Bar and Restaurants open all the year (365 days) it uses an average of 30 water bottles per week. The demand for the water bottles is asumed to be normal distributed ind us a dady standard deviation of 5 botties. The cost of a bottle is $400 and the annual holding cost per unit is $100 Angela's calculates that it conts $5.00 each time an order is placed and that it takes four days for an order to attivo. Angela would ke to use a continuous recomend order quantity model (RO) mode with a service level p0.98 (205) What is the economic Quantity for Angra to order? (1 mark) b. What should be the value of the safety stock? (1 mark) What should be the order point? (1.5mark) d. Discuss the inventory policy (1.5 marks)
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