supply chain management Demand Distribution Demand Probability 10 0,01 20 0,03 30 0,05 40 0,08 50 0,08 60 0,3 70 0,05 80 0,07 90 0,03 100 0,02 110 0,04 120 0,05 130 0,08 140 0,06 150 0,05 The price of the product is 500 $ The cost of the product is 300 $ The salvage value of unsold items is 250 $ Find the the Optimal Level of Product Availability, the cycle service level and the fill rate.
supply chain management Demand Distribution Demand Probability 10 0,01 20 0,03 30 0,05 40 0,08 50 0,08 60 0,3 70 0,05 80 0,07 90 0,03 100 0,02 110 0,04 120 0,05 130 0,08 140 0,06 150 0,05 The price of the product is 500 $ The cost of the product is 300 $ The salvage value of unsold items is 250 $ Find the the Optimal Level of Product Availability, the cycle service level and the fill rate.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Transcribed Image Text:supply chain management
Demand Distribution
Demand
Probability
10
0,01
20
0,03
30
0,05
40
0,08
50
0,08
60
0,3
70
0,05
80
0,07
90
0,03
100
0,02
110
0,04
120
0,05
130
0,08
140
0,06
150
0,05
The price of the product is 500 $
The cost of the product is 300 $
The salvage value of
items is 250 $
Find the the Optimal Level of Product Availability, the cycle service level and the fill rate.
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