Saint GBA334 Week 4 assignment
Question # 00026195
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Updated on: 09/18/2014 08:08 PM Due on: 09/30/2014
Omar Haaris receives 5000 tripods annually from Top-Grade Supplier to meet his annual demand. Omar runs a large photographic outlet, and the tripods are used primarily with 35mm cameras. The ordering cost is $15 per order, and the carrying cost is $0.50 per unit per year. Weekly demand is 100 tripods.
A) What is the optimal order quantity?
Question 37
Based on available information, lead time demand for CD-ROM drives averages 250 units (normally distributed), with a standard deviation of 25 drives. Management want s a 98% service level. A)How many drives should be carried as safety stock? B)What is the appropriate ROP?
A) What is the optimal order quantity?
Question 37
Based on available information, lead time demand for CD-ROM drives averages 250 units (normally distributed), with a standard deviation of 25 drives. Management want s a 98% service level. A)How many drives should be carried as safety stock? B)What is the appropriate ROP?
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Solution: Saint GBA334 Week 4 assignment