The table below provides demand data for 11 days (days 10-20 for the current year) for one product for the next 4 questions. The previous order was for 300 units at the end of day 9. The lead time is a constant two days. At the beginning of day 10 the inventory level is 450 units. Orders are made at the end of a day. Suppose inventory is managed with a reorder point system where Q=300 and the reorder point is 250. Day Demand Inventory 10 120 11 150 12 120 13 100 14 80 15 80 16 60 17 60 18 60 19 40 20 80 1) When is the next order? end of day ________ 2) How large is the next order? ________ 3) When is the subsequent order (after that above)? end of day _______ 4) How large is that order? _________
The table below provides demand data for 11 days (days 10-20 for the current year) for one product for the next 4 questions. The previous order was for 300 units at the end of day 9. The lead time is a constant two days. At the beginning of day 10 the inventory level is 450 units. Orders are made at the end of a day. Suppose inventory is managed with a reorder point system where Q=300 and the reorder point is 250.
|
Day |
Demand |
Inventory |
|
10 |
120 |
|
|
11 |
150 |
|
|
12 |
120 |
|
|
13 |
100 |
|
|
14 |
80 |
|
|
15 |
80 |
|
|
16 |
60 |
|
|
17 |
60 |
|
|
18 |
60 |
|
|
19 |
40 |
|
|
20 |
80 |
|
1) When is the next order? end of day ________
2) How large is the next order? ________
3) When is the subsequent order (after that above)? end of day _______
4) How large is that order? _________
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