The company is currently conducting an inventory review.Calculate the target inventory value (T) and the current order size for a P-system.(T/size)
The expected weekly demand is 1250 units.The standard deviation for a week is 250 units.The TBR 4 weeks and the lead time is 1 week.The cycle service level is 94%.After review, it is shown that there are 1260 units on hand.
A) 6600 units/5340 units
B) 7120 units/5860 units
C) 5860 units/4600 units
D) 4600 units/3340 units
Correct Answer:
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Q1: Choose, among the inventory systems, the system
Q3: While the assumptions make the EOQ system
Q4: Describe what kind of costs is included
Q5: When calculating the EOQ size, describe the
Q6: The classic EOQ model is the simplest
Q7: The production-processing technology is divided into two
Q8: Which of the following products is suited
Q9: Calculate the EOQ size for the following
Q10: Select, among the following statements regarding Decoupling
Q11: By incorporating the demand uncertainty into EOQ
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