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Operations Management
Biona Enterprise usually gets everyday order of a hundred dozen units while the production can make triple amount of the orders. Thus, any surplus must be deposited in the storage with a cost of $9.50 per unit. Once order takes place, the enterprise will serve it within four working days at $200 for the delivery charges. The enterprise works five days a week and closes it operations three weeks per year while keep some stocks approximately 3% of the yearly demand. Find the optimum value of ordering. The size of Kanban. How frequent the enterprise should deliver the orders in a six-month period?

Biona Enterprise usually gets everyday order of a hundred dozen units while the production can make triple amount of the orders. Thus, any surplus must be deposited in the storage with a cost of $9.50 per unit. Once order takes place, the enterprise will serve it within four working days at $200 for the delivery charges. The enterprise works five days a week and closes it operations three weeks per year while keep some stocks approximately 3% of the yearly demand. Find the optimum value of ordering. The size of Kanban. How frequent the enterprise should deliver the orders in a six-month period?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Biona Enterprise usually gets everyday order of a hundred dozen units while the production can make triple amount of the orders. Thus, any surplus must be deposited in the storage with a cost of $9.50 per unit. Once order takes place, the enterprise will serve it within four working days at $200 for the delivery charges. The enterprise works five days a week and closes it operations three weeks per year while keep some stocks approximately 3% of the yearly demand.

  1. Find the optimum value of ordering.
  2. The size of Kanban.
  3. How frequent the enterprise should deliver the orders in a six-month period?
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