The ThaoAjiteshDeva ShreeKinjal (TADK) company uses a continuous…
Question Answered step-by-step The ThaoAjiteshDeva ShreeKinjal (TADK) company uses a continuous… The Thao‐Ajitesh‐Deva Shree‐Kinjal (TADK) company uses a continuous review system and operates 52 weeks per year. One of the items handled has the following characteristics.Average Demand (D) = 20,000 units/yearStd deviation of weekly demand = 100 unitsOrdering cost (S) = $40/orderHolding cost (H) = $2/unit/yearAverage Lead time (L) = 4 weeksStd deviation of Lead time = 2 weeksCycle‐service level = 89 % (Z‐value = 1.23)a) The item’s EOQ is:(i) between 500 to 600 units(ii) between 601 to 700 units(iii) between 701 to 800 units(iv) between 801 to 900 units(v) between 901 to 1000 units b) The item’s safety stock is:(i) between 50 to 100(ii) between 101 to 150(iii) between 151 to 200(iv) between 201 to 250(v) between 251 to 300 c) The item’s ROP is:(i) between 500 to 600(ii) between 601 to 700(iii)between 701 to 800(iv)between 801 to 900(v) between 901 to 1000 d) A withdrawal of 15 units just occurred. If it is time to reorder, how much should be ordered?e) What is the TBO in days. Engineering & Technology Industrial Engineering Supply Chain Management MANAGEMENT 120 Share QuestionEmailCopy link Comments (0)
