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Consider a SKU with 276 picks forecasted during the planning horizon and an annual flow of 2000 ft3. Suppose that: • the cost of picking from the forward fast-pick area is 1 minute per pick the cost of picking from the reserve area is 4 minutes per pick the cost of restocking the fast-pick area from reserve is 5 minutes per restock What is the labor efficiency of this SKU? Provide your answer to the nearest single decimal point.

Consider a SKU with 276 picks forecasted during the planning horizon and an annual flow of 2000 ft3. Suppose that: • the cost of picking from the forward fast-pick area is 1 minute per pick the cost of picking from the reserve area is 4 minutes per pick the cost of restocking the fast-pick area from reserve is 5 minutes per restock What is the labor efficiency of this SKU? Provide your answer to the nearest single decimal point.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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QUESTION 9 Consider a SKU with 276 picks forecasted during the planning horizon and an annual flow of 2000 ft. Suppose that: • the cost of picking from the forward fast-pick area is 1 minute per pick • the cost of picking from the reserve area is 4 minutes per pick • the cost of restocking the fast-pick area from reserve is 5 minutes per restock What is the labor efficiency of this SKU? Provide your answer to the nearest single decimal point.
Transcribed Image Text:QUESTION 9 Consider a SKU with 276 picks forecasted during the planning horizon and an annual flow of 2000 ft. Suppose that: • the cost of picking from the forward fast-pick area is 1 minute per pick • the cost of picking from the reserve area is 4 minutes per pick • the cost of restocking the fast-pick area from reserve is 5 minutes per restock What is the labor efficiency of this SKU? Provide your answer to the nearest single decimal point.
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