What is the optimal order quantity for raw materials if your factory.docx

What is the optimal order quantity for raw materials if your factory.docx

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What is the optimal order quantity for raw materials if your factory's  projected average daily demand for FINISHED GOODS is as follows.   Line Average Demand Standar d 132 units every 10 days Custom 41 units accepted per day Do NOT list units.   Hints: Recall 2 units of raw material are needed for a Standard Finished Good  and 1 unit of raw material is needed for a Custom Finished Good. Also recall carrying cost is calculated based on interest. What is the optimal reorder point for raw materials if your factory's  projected average daily demand for FINISHED GOODS is as follows and  Safety Stock has been set at 53 units. Line     Average Demand Standard 120 units every 10 days Custom 44 units accepted per day *Do NOT list units. Hints: Recall 2 units of raw material are needed for a Standard Finished 
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  • Winter '17
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  • $200, 14 days, 10 days, 15 days, 27%, $140

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