Jack's clothing sells on average, 25 shirts per week, sometimes a little more, sometimes a little less but typically a deviation of about 3. The cost per jacket is $65. Because Jack's is located in a sketchy part of town their insurance on inventory is 33% on all goods. The good news is free shipping to customers although UPS charges Jack's $8.50 for every delivery. It takes 2 weeks from the time jackets are ordered until they are received. Jack's supplier has said they only ship by pallet, and each pallet contains 75 jackets. If the reorder point is 50 what is the average flow time?
Jack's clothing sells on average, 25 shirts per week, sometimes a little more, sometimes a little less but typically a deviation of about 3. The cost per jacket is $65. Because Jack's is located in a sketchy part of town their insurance on inventory is 33% on all goods. The good news is free shipping to customers although UPS charges Jack's $8.50 for every delivery. It takes 2 weeks from the time jackets are ordered until they are received. Jack's supplier has said they only ship by pallet, and each pallet contains 75 jackets. If the reorder point is 50 what is the average flow time?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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