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Unformatted text preview: We used a moving average to calculate the demand and got 12 for an answer. 5. In detail, describe and illustrate how you determined the reorder point? With a demand of 12 batches and a lead time of 4 days that left a minimum reorder point of 4,800 kits. That would leave us open to stock-outs however so we bumped it up another thousand, making it 5,800 kits. We used Q=squareroot of (2DS/H) to determine the order quantity of 268 batches....
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This note was uploaded on 03/15/2011 for the course BLAW 3201 taught by Professor Fry during the Spring '08 term at LSU.
- Spring '08
- Business Law