Topic 10 Quick Check OPS_330T

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University of Phoenix *

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330T

Subject

Electrical Engineering

Date

Apr 3, 2024

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pdf

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4

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3/9/24, 11:08 PM Topic 10 Quick Check - Independent Demand Inventory — OPS/330T: Strategic Operations and Logistics - Revision https://app.myeducator.com/course/activity.lti/1773c/3117750137629769729/ 1/4 Points: 15 Submission Score 15 / 15 (100.00%) Submit Time Mar 09 at 11:57 Grade Time Mar 09 at 11:57 Graded on Mar 09 at 11:33 Submission #1: Graded on Mar 09 at 11:57 Submission #2: 1 Create demand for rarer items Manage supply/demand uncertainty Narrow in on low-cost, high-value items Have money tied up in tangible products 2 / 2 (100.0%) 2 Too many potential suppliers Overly stringent processes Poor quality High demand 2 / 2 (100.0%) 3 A item
3/9/24, 11:08 PM Topic 10 Quick Check - Independent Demand Inventory — OPS/330T: Strategic Operations and Logistics - Revision https://app.myeducator.com/course/activity.lti/1773c/3117750137629769729/ 2/4 B item C item B and C item 1 / 1 (100.0%) 4 Forecast changes in the marketplace Free up cash because of the reduction in length of the cash-to-cash cycle Buy more inventory Create demand 1 / 1 (100.0%) 5 50 units 100 units 200 units 10 units 2 / 2 (100.0%) 6 Reduce the cost of carrying inventory Reduce order or set-up costs Reduce total demand Increase the unit price
3/9/24, 11:08 PM Topic 10 Quick Check - Independent Demand Inventory — OPS/330T: Strategic Operations and Logistics - Revision https://app.myeducator.com/course/activity.lti/1773c/3117750137629769729/ 3/4 2 / 2 (100.0%) 7 Unit Value Inventory Holding Cost Order Quantity Order Cost 2 / 2 (100.0%) 8 Calculate safety stock Determine the reorder point (ROP) Understand the di±erence between lead time demand and variability of demand Establish a Cycle Service Level (CSL) 1 / 1 (100.0%) 9 136 115 140 126 1 / 1 (100.0%)
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3/9/24, 11:08 PM Topic 10 Quick Check - Independent Demand Inventory — OPS/330T: Strategic Operations and Logistics - Revision https://app.myeducator.com/course/activity.lti/1773c/3117750137629769729/ 4/4 Copyright © 2024 MyEducator. All rights reserved. 10 25.46 33.94 37.89 45.33 1 / 1 (100.0%) Started on Mar 09 at 21:08 Submission #3: Need Help?