A firm uses 45,400 widgets per year and can produce 410 per day. Carrying costs are $3 and setup costs are $200. They op
Posted: Wed May 04, 2022 7:54 am
A firm uses 45,400 widgets per year and can produce 410 per day. Carrying costs are $3 and setup costs are $200. They operate 240 days per year. What is the optimal run size? Do not round intermediate calculations. Round your answer to a whole number. Your Answer: Answer
Demand during lead time is historically about 124. It is normally distributed with a standard deviation during lead time of 14. They will use a stockout risk of three percent. What is the reorder point, including the safety stock. Round your answer to a whole number. Your Answer: Answer
Demand during lead time is historically about 124. It is normally distributed with a standard deviation during lead time of 14. They will use a stockout risk of three percent. What is the reorder point, including the safety stock. Round your answer to a whole number. Your Answer: Answer