>>>> < > G סוי - C Mind Tap Cengage Learning CENGAGE MINDTAP Chapter 12 Homework: Managing Inventories in Supply Chains Questions Problem 12-44 Algo (Managing Fixed-Quantity Inventory Systems) 1. e 2. 3. 自 4. 5. ? ↑ 6. 7. 8. 9. 10. 11. ng.cengage.com + O C Excel Online Student Work Q Search this course ? Question 3 of 11 ► Hint(s) Check My Work Brenda opened a pool and spa store in a lively shopping mall and finds business to be booming but she often stocks out of key items customers want. The 28-ounce bottle of Super Algaecide (SA) is a high margin SKU, but it stocks out frequently. Ten SA bottles come in each box, and she orders boxes from a vendor 160 miles away. Brenda is busy running the store and seldom has time to review store inventory status and order the right quantity at the right time. She collected the following data: Demand = 9 boxes per week Order cost = $90/order Store open = 48 weeks/year Lead-time = 3 weeks Item cost = $180/box Inventory-holding cost = 10 percent per year Std. deviation in weekly demand Service level = 98 percent = 8 Brenda wants to consider setting up a fixed-period inventory system for the 28-ounce bottle of Super Algaecide (SA) SKU. At the beginning of the current week, D. J. Kole, the materials manager, checked the inventory level and found 65 units on-hand. There were no scheduled receipts and 20 units were on backorder. a. What is the review period (7)? Do not round intermediate calculations. Round your answer up to the nearest whole number. 7 weeks b. What is stock replenishment level with safety stock (M)? Do not round intermediate calculations. Round your answer to the nearest whole number. 1534 bottles c. How many units should be ordered? Do not round intermediate calculations. Round your answer to the nearest whole number. 149 Hide Feedback Partially Correct Icon Key orders/year Hint(s) Check My Work e A-Z A+ Office
>>>> < > G סוי - C Mind Tap Cengage Learning CENGAGE MINDTAP Chapter 12 Homework: Managing Inventories in Supply Chains Questions Problem 12-44 Algo (Managing Fixed-Quantity Inventory Systems) 1. e 2. 3. 自 4. 5. ? ↑ 6. 7. 8. 9. 10. 11. ng.cengage.com + O C Excel Online Student Work Q Search this course ? Question 3 of 11 ► Hint(s) Check My Work Brenda opened a pool and spa store in a lively shopping mall and finds business to be booming but she often stocks out of key items customers want. The 28-ounce bottle of Super Algaecide (SA) is a high margin SKU, but it stocks out frequently. Ten SA bottles come in each box, and she orders boxes from a vendor 160 miles away. Brenda is busy running the store and seldom has time to review store inventory status and order the right quantity at the right time. She collected the following data: Demand = 9 boxes per week Order cost = $90/order Store open = 48 weeks/year Lead-time = 3 weeks Item cost = $180/box Inventory-holding cost = 10 percent per year Std. deviation in weekly demand Service level = 98 percent = 8 Brenda wants to consider setting up a fixed-period inventory system for the 28-ounce bottle of Super Algaecide (SA) SKU. At the beginning of the current week, D. J. Kole, the materials manager, checked the inventory level and found 65 units on-hand. There were no scheduled receipts and 20 units were on backorder. a. What is the review period (7)? Do not round intermediate calculations. Round your answer up to the nearest whole number. 7 weeks b. What is stock replenishment level with safety stock (M)? Do not round intermediate calculations. Round your answer to the nearest whole number. 1534 bottles c. How many units should be ordered? Do not round intermediate calculations. Round your answer to the nearest whole number. 149 Hide Feedback Partially Correct Icon Key orders/year Hint(s) Check My Work e A-Z A+ Office
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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Transcribed Image Text:>>>>
< >
G
סוי
-
C Mind Tap Cengage Learning
CENGAGE MINDTAP
Chapter 12 Homework: Managing Inventories in Supply Chains
Questions
Problem 12-44 Algo (Managing Fixed-Quantity Inventory Systems)
1.
e
2.
3.
自
4.
5.
?
↑
6.
7.
8.
9.
10.
11.
ng.cengage.com
+ O
C Excel Online Student Work
Q Search this course
?
Question 3 of 11 ►
Hint(s) Check My Work
Brenda opened a pool and spa store in a lively shopping mall and finds business to be booming but she often stocks out of key items customers want. The 28-ounce bottle of Super
Algaecide (SA) is a high margin SKU, but it stocks out frequently. Ten SA bottles come in each box, and she orders boxes from a vendor 160 miles away. Brenda is busy running the store
and seldom has time to review store inventory status and order the right quantity at the right time. She collected the following data:
Demand = 9 boxes per week
Order cost = $90/order
Store open = 48 weeks/year
Lead-time = 3 weeks
Item cost =
$180/box
Inventory-holding cost = 10 percent per year
Std. deviation in weekly demand
Service level =
98 percent
=
8
Brenda wants to consider setting up a fixed-period inventory system for the 28-ounce bottle of Super Algaecide (SA) SKU. At the beginning of the current week, D. J. Kole, the materials
manager, checked the inventory level and found 65 units on-hand. There were no scheduled receipts and 20 units were on backorder.
a. What is the review period (7)? Do not round intermediate calculations. Round your answer up to the nearest whole number.
7
weeks
b. What is stock replenishment level with safety stock (M)? Do not round intermediate calculations. Round your answer to the nearest whole number.
1534
bottles
c. How many units should be ordered? Do not round intermediate calculations. Round your answer to the nearest whole number.
149
Hide Feedback
Partially Correct
Icon Key
orders/year
Hint(s) Check My Work
e
A-Z
A+
Office
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