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Unformatted text preview: 4. A) TR=6.25 5. Increased turnover ratio can indicate lower levels of inventory which can increase product stockouts for higher efficiency. 6. Under the following conditions stockout cost = $775. 7. Economic Order Quantity for this situation is order size $150. 8. The two primary issues (SS) guard against are a) uncertainty in demand, and b) uncertainty in lead time....
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This note was uploaded on 10/06/2011 for the course ECON 101 taught by Professor Smith during the Spring '11 term at University of Arkansas – Fort Smith.
- Spring '11