It is due today. Please I need help The images are how you are going to do it. For b, I thought the answer for the reorder point was 132, but it is false(not correct). I find a, but i need help with b. 1. Sam's Cat Hotel operates 52 weeks per year, 5 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.50 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. ≻Demand = 100 bags/week ≻Order cost = $58/order ≻Annual holding cost = 29 percent of cost ≻Desired cycle-service level=92 percent ≻Lead time = 1 week(s) (5 working days) ≻Standard deviation of weekly demand = 18 bags ≻Current on-hand inventory is 300 bags, with no open orders or backorders. a. What is the EOQ? Sam's optimal order quantity is 445 bags. (Enter your response rounded to the nearest whole number.) What would be the average time between orders (in weeks)? The average time between orders is 4.5 weeks. (Enter your response rounded to one decimal place.) b. What should R be? The reorder point is what? bags. (Enter your response rounded to the nearest whole number.)
It is due today. Please I need help The images are how you are going to do it. For b, I thought the answer for the reorder point was 132, but it is false(not correct). I find a, but i need help with b. 1. Sam's Cat Hotel operates 52 weeks per year, 5 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.50 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. ≻Demand = 100 bags/week ≻Order cost = $58/order ≻Annual holding cost = 29 percent of cost ≻Desired cycle-service level=92 percent ≻Lead time = 1 week(s) (5 working days) ≻Standard deviation of weekly demand = 18 bags ≻Current on-hand inventory is 300 bags, with no open orders or backorders. a. What is the EOQ? Sam's optimal order quantity is 445 bags. (Enter your response rounded to the nearest whole number.) What would be the average time between orders (in weeks)? The average time between orders is 4.5 weeks. (Enter your response rounded to one decimal place.) b. What should R be? The reorder point is what? bags. (Enter your response rounded to the nearest whole number.)
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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It is due today. Please I need help
The images are how you are going to do it.
For b, I thought the answer for the reorder point was 132, but it is false(not correct).
I find a, but i need help with b.
1. Sam's Cat Hotel operates 52 weeks per year, 5 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.50 per bag. The following information is available about these bags. Refer to the standard normal table for z-values.
≻Demand = 100 bags/week
≻Order cost = $58/order
≻Annual holding cost = 29 percent of cost
≻Desired cycle-service level=92 percent
≻Lead time = 1 week(s) (5 working days)
≻Standard deviation of weekly demand = 18 bags
≻Current on-hand inventory is 300 bags, with no open orders or backorders.
a. What is the EOQ?
Sam's optimal order quantity is 445 bags. (Enter your response rounded to the nearest whole number.)
What would be the average time between orders (in weeks)?
The average time between orders is 4.5 weeks. (Enter your response rounded to one decimal place.)
b. What should R be?
The reorder point is what? bags. (Enter your response rounded to the nearest whole number.)
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