361 Chapter 12 Problems (Inventory Control)

361 Chapter 12 Problems (Inventory Control) - → 385...

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Chapter 13 - Inventory Control CHAPTER 12 INVENTORY CONTROL 14. a. Item number Annual usage Class 18 61000 A 4 50000 A 13 42000 A 10 15000 B 11 13000 B 2 12000 B 8 11000 B 16 10200 B 14 9900 B 5 9600 C 17 4000 C 19 3500 C 20 2900 C 3 2200 C 7 2000 C 1 1500 C 15 1200 C 9 800 C 6 750 C 12 600 C b. If item 15 is critical to operations, it may be desirable to reclassify it from C to A to ensure more frequent reviews. 15. a. ) 3 ( 20 . 10 ) 5000 ( 2 2 = = H DS Q opt = 408.25 408 bottles b. 2 2 ) 30 ( 3 = = σ L L = 52 units From Standard normal distribution, z = 1.64 L z L d R + = = 100(3) + (1.64)52 = 300.00 + 85.28 = 385.28
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Unformatted text preview: → 385 bottles 13-1 Chapter 13 - Inventory Control 25. ) 35 ( 20 . 20 ) 1000 ( 2 2 = = H DS Q opt = 75.59 → 76 tires 2 2 ) 3 ( 4 = = σ L L = 6 tires From Standard normal distribution, z = 2.05 L z L d R + = = (1000/365)(4) + (2.05)6 = 10.96 + 12.3 = 23 tires Order 76 tires when the on-hand inventory level reaches 23 tires. 13-2...
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This note was uploaded on 03/06/2012 for the course BUS M 361 taught by Professor Cynthiawallin during the Fall '10 term at BYU.

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361 Chapter 12 Problems (Inventory Control) - → 385...

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