What is the minimum sensible storage volume in the fast-pick area for this SKU, measured in cubic feet? Report your answer to the neare answer of 12.225 cubic feet would be reported as 12.2.
What is the minimum sensible storage volume in the fast-pick area for this SKU, measured in cubic feet? Report your answer to the neare answer of 12.225 cubic feet would be reported as 12.2.
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
![Consider a SKU with 200 picks forecasted during the planning horizon and an annual flow of 3200 ft. Suppose that:
• the cost of picking from the forward fast-pick area is 2 minutes 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 10 minutes per restock
What is the minimum sensible storage volume in the fast-pick area for this SKU, measured in cubic feet? Report your answer to the neare
answer of 12.225 cubic feet would be reported as 12.2.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ca89b3e-0911-4c7e-b39f-9f10c4c7f9a5%2Fdbec1f91-d6e6-4ac9-86ff-805342465089%2Fp27ofr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider a SKU with 200 picks forecasted during the planning horizon and an annual flow of 3200 ft. Suppose that:
• the cost of picking from the forward fast-pick area is 2 minutes 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 10 minutes per restock
What is the minimum sensible storage volume in the fast-pick area for this SKU, measured in cubic feet? Report your answer to the neare
answer of 12.225 cubic feet would be reported as 12.2.
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