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ce every 2 weeks (10 working days). Lead time is 2 days. The company has deter- ned that the average demand for ½-inch bolts is 150 per week (5 working days), and wants to keep a safety stock of 3 days' supply on hand. An order is to be placed this ek, and stock on hand is 130 bolts. a. What is the target level? b. How many ½-inch bolts should be ordered this time?

ce every 2 weeks (10 working days). Lead time is 2 days. The company has deter- ned that the average demand for ½-inch bolts is 150 per week (5 working days), and wants to keep a safety stock of 3 days' supply on hand. An order is to be placed this ek, and stock on hand is 130 bolts. a. What is the target level? b. How many ½-inch bolts should be ordered this time?

Elements Of Electromagnetics
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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answer the exercise (I add the final correct answers)

 

Answers.

A.- 450 units

B.- 320 units

A hardware company stocks nuts and bolts and orders them from a local supplier once every 2 weeks (10 working days). Lead time is 2 days. The company has deter- mined that the average demand for ½-inch bolts is 150 per week (5 working days), and it wants to keep a safety stock of 3 days' supply on hand. An order is to be placed this week, and stock on hand is 130 bolts. a. What is the target level? b. How many /2-inch bolts should be ordered this time?
Transcribed Image Text:A hardware company stocks nuts and bolts and orders them from a local supplier once every 2 weeks (10 working days). Lead time is 2 days. The company has deter- mined that the average demand for ½-inch bolts is 150 per week (5 working days), and it wants to keep a safety stock of 3 days' supply on hand. An order is to be placed this week, and stock on hand is 130 bolts. a. What is the target level? b. How many /2-inch bolts should be ordered this time?
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