You are the Director of Operations of Second Best Buy, a retail chain, and you are planning the purchase of TVs for the
Posted: Sun Jul 03, 2022 1:32 pm
You are the Director of Operations of Second Best Buy, a retailchain, and you are planning the purchase of TVs for the firstquarter of 2018. You will be buying 30" 1080i TVs and 42" 4K TVs.Last week, the marketing department delivered the following salesforecast:
After we determine the purchase contract size of each producttype, we will workout the order policy. The supply chain departmentprovided the following data. The inventoryholding cost of bothproduct types is $200/set/quarter. The ordering cost of bothproduct types is $1000 per order.
Assume the demand over YR2018 Q1 is constant.
What is the optimal quantity per order for 1080i TVs? (Round tonearest integer)
What is the optimal quantity per prder for 4K TVs? (Round tonearest integer)
After we determine the purchase contract size of each producttype, we will workout the order policy. The supply chain departmentprovided the following data. The inventoryholding cost of bothproduct types is $200/set/quarter. The ordering cost of bothproduct types is $1000 per order.
Assume the demand over YR2018 Q1 is constant.
What is the optimal quantity per order for 1080i TVs? (Round tonearest integer)
What is the optimal quantity per prder for 4K TVs? (Round tonearest integer)