Demand for widgets is 52,000 widgets/year Ordering Cost is $50 per order. Un
Question:
| Demand for widgets is 52,000 widgets/year | |||
| Ordering Cost is $50 per order. Unit Cost is $5.00 | |||
| The Carrying Charge is 20% | |||
| Demand is 1000 per week | |||
| Lead Time is 2 weeks | |||
| standard deviation of demand is 300/week | |||
| (A) Calculate a fixed quantity system with 95% service cycle level. (B) Calculate a fixed period system with a 90% service cycle level | |||
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Answer: The solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document
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