Loose Leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Loose Leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
13th Edition
ISBN: 9781260152203
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 11, Problem 22P

Determine the available-to-promise (ATP) quantities for each period for Problem 21.

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​Ruby-Star Incorporated is considering two different vendors for one of its​ top-selling products which has an average weekly demand of 70 units and is valued at ​$90 per unit. Inbound shipments from vendor 1 will average 390 units with an average lead time​ (including ordering delays and transit​ time) of 4 weeks. Inbound shipments from vendor 2 will average 490 units with an average lead time of 2 weeksweeks. ​Ruby-Star operates 52 weeks per​ year; it carries a 4​-week supply of inventory as safety stock and no anticipation inventory. Part 2 a. The average aggregate inventory value of the product if​ Ruby-Star used vendor 1 exclusively is ​$enter your response here.
Sam's Pet Hotel operates 50 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $13.00 per bag. The following information is available about these bags: > Demand 75 bags/week > Order cost = $52.00/order > Annual holding cost = 20 percent of cost > Desired cycle-service level = 80 percent >Lead time = 5 weeks (30 working days) > Standard deviation of weekly demand = 15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 75 bags is incorrect and actual demand averages only 50 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)
Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,250 rolls. The cost per roll is $625, and the annual holding cost is 20 percent of the cost. Each order costs $75. a. How many rolls should Yellow Press order at a time? Yellow Press should order rolls at a time. (Enter your response rounded to the nearest whole number.)

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Loose Leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)

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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY