Crowdly
Add to Chrome
Course 5860
Looking for Course 5860 test answers and solutions? Browse our comprehensive collection of verified answers for Course 5860 at moodle4x.samk.fi.
Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!
A regional warehouse orders items once a week from a central warehouse. The truck arrives 4 days after the order is placed. The warehouse operates 6 days a week. For a particular brand and size of chicken soup, the demand is fairly steady at 30 cases per day. Safety stock is set at 2 days’ supply.
a. What is the target level? Provide your answer as a whole number!
Your answer: The target level is cases.
A regional warehouse orders items once a week from a central warehouse. The truck arrives 4 days after the order is placed. The warehouse operates 6 days a week. For a particular brand and size of chicken soup, the demand is fairly steady at 30 cases per day. Safety stock is set at 2 days’ supply.
b. If the quantity on hand is 100 cases, how many should be ordered?
Your answer: Order quantity is cases.
A company stocks an SKU with a weekly demand of 90 units and a lead time of 4 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 20 and the order quantity is 450 units, what is the average inventory and the order point?
Calculate:
e. Order point using service level 95%. Provide your answer as a whole number
A company stocks an SKU with a weekly demand of 90 units and a lead time of 4 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 20 and the order quantity is 450 units, what is the average inventory and the order point?
Calculate:
d. Average inventory using service level 95%. Provide your answer as a whole number
Your answer: The average inventory is .
A company stocks an SKU with a weekly demand of 90 units and a lead time of 4 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 20 and the order quantity is 450 units, what is the average inventory and the order point?
Calculate:
c. Management decides they want to have service level of 95%. How much safety stock is needed? Provide your answer as a whole number.
Your answer: The safety stock is units.
A company stocks an SKU with a weekly demand of 90 units and a lead time of 4 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 20 and the order quantity is 450 units, what is the average inventory and the order point?
Calculate:
a. Number of orders per year. Provide your answer with one decimal number.
Your answer: Number of orders per year is .
A company stocks an SKU with a weekly demand of 90 units and a lead time of 4 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 20 and the order quantity is 450 units, what is the average inventory and the order point?
Calculate:
b. Service level. Provide your answer with one decimal (percentage).
Your answer: The service level is %.
Use the values from the previous problem.
(lead time = 1 period)
Calculate (c) order point for an 98% service level. Provide your answer with two decimal numbers!
Your answer: Order point is .
Use the values from the previous problem.
(lead time = 1 period)
b) Calculate the safety stock for an 98% service level. Provide your answer with two decimal numbers!
Your answer: The safety stock for 98% service level is .
Use the values from the previous problem.
(lead time = 1 period)
Calculate (a) the safety stock for an 50% service level