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HW04-Sp11[1]

# HW04-Sp11[1] - MGMT36100:HW0440Points Due:March22,2011...

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MGMT 36100: HW 04           40 Points             Due: March 22, 2011 Write proper dimensions.   Do not write only answers, show calculations . Probability of stock out = 0.1 means 90% SL. Probability of stock out = 0.02 means 98% SL. Question 1 (9 points, 1+1+2, 1+2+2) Round up ROP / OUL values to the nearest integer. Part (A): Solve problem 20 page 254. Part (B): Solve problem 26 page 255. Question 2: (6 points) 1 2 3 4 5 6 7 8 9 10 70 100 95 120 145 75 70 90 70 85 Suppose the OUL = 500 and the review period OI = 2 days. Reviews will be carried out on Day 1, 3, 5, etc . The lead-time ( LT ) is 3 days. Inventory level on day 1 is 180. An order of 300 is expected to arrive on day 2. Withdrawals during next 10 days are shown in the table. Complete all calculations in a tabular form ( Make a table with heading shown below ) and verify the formula below for X = 3 and Y= 7: Closing IP (day Y) = Opening IP (day X) + Orders from X to Y – Withdrawals from X to Y. Day Opening IL Opening IP Receipt Order Withdrawal Closing IL Closing IP Question 3: (9 points) X 19 20 21 22 23 24

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