EBK PRACTICAL MANAGEMENT SCIENCE
EBK PRACTICAL MANAGEMENT SCIENCE
5th Edition
ISBN: 9780100655065
Author: ALBRIGHT
Publisher: YUZU
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Chapter 12, Problem 34P
Summary Introduction

To determine: The reorder point for different lead times.

Inventory and supply chain models:

The functions of inventory and supply chain are one of the most important business decision areas for an organization. The first important aspect of these concepts is to have adequate inventory on hand. The second important aspect is to carry a little amount of inventory as possible.

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>>>> e 自 A ? ↑ G סוי - C Mind Tap Cengage Learning CENGAGE MINDTAP Chapter 12 Homework: Managing Inventories in Supply Chains Assignment: Chapter 12 Homework: Managing Inventories in Supply Chains Questions Problem 12-70 Algo (Managing Fixed-Quantity Inventory Systems) 6. 7. ng.cengage.com + O C Excel Online Student Work Q Search this course ? Save Assignment Score: 91.34% Submit Assignment for Grading e Question 8 of 11 ▸ A-Z Hint(s) Check My Work 8. 9. 10. 11. Spreadsheet Environmental considerations, material losses, and waste disposal can be included in the EOQ model to improve inventory-management decisions. Assume that the annual demand for an industrial chemical is 1,600 lb, item cost is $2/lb, order cost is $45, inventory holding cost rate (percent of item cost) is 15 percent. Use the EOQ Model Excel template in MindTap to answer the following: a. Find the EOQ and total cost, assuming no waste disposal. Do not round intermediate calculations. Round your answer for the EOQ to…
>>>> G סוי - C Mind Tap Cengage Learning CENGAGE MINDTAP Chapter 12 Homework: Managing Inventories in Supply Chains Questions Problem 12-44 Algo (Managing Fixed-Quantity Inventory Systems) 1. e 2. 3. 自 4. 5. ? ↑ 6. 7. 8. 9. 10. 11. ng.cengage.com + O C Excel Online Student Work Q Search this course ? Question 3 of 11 ► Hint(s) Check My Work Brenda opened a pool and spa store in a lively shopping mall and finds business to be booming but she often stocks out of key items customers want. The 28-ounce bottle of Super Algaecide (SA) is a high margin SKU, but it stocks out frequently. Ten SA bottles come in each box, and she orders boxes from a vendor 160 miles away. Brenda is busy running the store and seldom has time to review store inventory status and order the right quantity at the right time. She collected the following data: Demand = 9 boxes per week Order cost = $90/order Store open = 48 weeks/year Lead-time = 3 weeks Item cost = $180/box Inventory-holding cost = 10 percent per…
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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