Suppose that your firm uses a periodic review system but

Click here to order this assignment @Essaybay.net. 100% Original.Written from scratch by professional writers.

Suppose that your firm uses a periodic review system but otherwise the data are the same as in Problem 17. a. Calculate the P that gives approximately the same number of orders per year as the EOQ. Round your answer to the nearest week b. Find the safety stock and the target inventory level that provide a 95 percent cycle-service level. c. How much larger is the safety stock than with a Q system?

Click here to order this assignment @Essaybay.net. 100% Original.Written from scratch by professional writers.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>