Assignment #3
Announced on September 30
Due by October 9 (5PM via Sakai; There will be a penalty for late submissions)
This assignment is composed of 6 problems. You need to submit Arena models (.doe) and a word (or
PDF) document containing your answers i

I nventory and Supply Chain Systems EIN 4343 by Dincer Konur
Homework 1 Solutions
Re-grading requests will be accepted within one week after the grades are released. Grades will be
posted on e-learning.
The following data gives the observations of the dem

I nventory and Supply Chain Systems EIN 4343 by Dincer Konur
Homework 4 Solutions
Problem 1: In this problem, you are asked to interpret cu and co in terms of the following parameters:
S
c
h
p
:
:
:
:
selling price of the item
variable cost of the item (i

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS Spring 2013 Quiz 2 Name: K hq + c + q 2 UFID: 2K h
C(q) =
q =
1. [6 points] Consider an item for which all of the assumptions of the basic economic order quantity (EOQ) model is valid except for the one that requi

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS Spring 2013 Exam 2 Key
1. Crowley Maritime Corporation is based in Jacksonville, Florida and provides transport systems within the United States and a ship carrier to Latin America. Belize Electricity has supplier

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS Spring 2013 Quiz 4 Name:
T
UFID:
min
t=1
(cxt + Kyt + hit )
s.t. i0 = 0; iT = 0; it-1 + xt = Dt + it xt M y t xt , it 0 yt cfw_0, 1 t = 1, . . . , T ; t = 1, . . . , T ; t = 1, . . . , T ; t = 1, . . . , T.
1. [6

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS Spring 2013 Quiz 1 Name: UFID:
1. [4 points] In inventory management systems, there are two types of inventory review schemes: periodic and continuous. What is the fundamental difference between the two review sch

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011 by Diner Konur c Quiz 4 in class - March 24, 2011, 4:30pm-5:00pm Suppose that demand over a period is uniformly distributed with A and B, where A is the minimum demand and B is the maximum demand

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011 by Diner Konur c Suppose that demand over a period is exponentially distributed with , such that f (x) = e-x . In this case, one can show that F (Q) = 1 - e-Q . In the following question, your dem

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011
by Diner Konur
c
Quiz 2 in class - February 3, 2011, 3:25pm-3:55pm
Total cost per unit time as a function of order quantity Q under the basic EOQ model:
T C (Q) = c +
K hQ
+
.
Q
2
Optimum order qu

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011
by Diner Konur
c
Quiz 1 in class - January 20, 2011, 4:25pm-4:55pm
St : the intercept at time t
Gt : the slope at time t
St = Dt + (1 )(St1 + Gt1 )
Gt = (St St1 ) + (1 )Gt1
Ft,t+ = St + Gt
The que

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011
by Diner Konur
c
Homework 5 Solutions
You can either submit a hard copy in class at the beginning of the class on Tuesday, April 12, or submit
a soft copy using e-learning. If you are going to sub

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS Spring 2013 Quiz 5 Name: Leibniz's Rule. y UFID: For the differentiation of integrals, we have the following:
u(y) u(y)
h(x, y)dx =
l(y) l(y)
h(x, y) dx + h(u(y), y)u (y) - h(l(y), y)l (y) y
Recall the single-peri

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS
Spring 2013
Quiz 3
Name:
UFID:
C (q ) =
K
hq
+ c +
q
2
2K
h
q =
2K
q =
1
h
1. [6 points] Consider an item for which all of the assumptions of the basic economic order
quantity (EOQ) model are valid except for the

4
Stochastic Stationary Demand: Periodic Review
4.1
Motivation
Profit Mason, Ltd. Profit Mason Ltd. (PML) is a manufacturer and exporter of Christmas lights in addition to other decorative light sets. The company operates several joint
venture factories b

Assignment #2
Announced on September 16
Due by September 22 (5PM via e-Learning; There will be a penalty for late submissions)
This assignment is composed of 6 problems. You need to submit Arena models (.doe) and a word
(or PDF) document containing your a

EIN4343 INVENTORY & SUPPLY CHAIN SYSTEMS
Spring 2016: Homework 2
Assigned: February 12th. Due: February 19th by 12:00pm
In your calculations report four digits after the decimal. Do not round.
1. Consider the following forecasted demand data for an item:

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS
4.8 Solution Key
1. Northwest Seafood in Gainesville buys fresh mussels daily for $4.20 per two-pound bag
and sells it for $5.70 per bag. At the end of each business day, any mussels remaining
is sold to a cat foo

1
Introduction
A company exists to create and oer a product or service that addresses a need in the
market with the objective of making prot. Operations Management (OM) deals with the
design, operation and improvement of the system that creates and delive

1.
[27 pointsf Please answer an]t three of the following questions. Please note that ifJtou answer more than three, only the.first three will be graded.
y' ttl pointsl A supplier offers the following discount structure on purchases of a
single item:
lq.m

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS Spring 2013 Quiz 7 Name: Leibniz's Rule. y UFID: For the differentiation of integrals, we have the following:
u(y) u(y)
h(x, y)dx =
l(y) l(y)
h(x, y) dx + h(u(y), y)u (y) - h(l(y), y)l (y) y
Consider the lot-size

EIN 4343 INVENTORY & SUPPLY CHAIN SYSTEMS
Spring 2013
Quiz 6
Name:
UFID:
Leibnizs Rule.
y
For the dierentiation of integrals, we have the following:
u(y )
u(y )
h(x, y )dx =
l(y )
l(y )
h(x, y )
dx + h(u(y ), y )u (y ) h(l(y ), y )l (y )
y
Consider the mu

Quiz 3, EIN 4343 Spring 2011 by Dincer Konur, March 1, 2011, Tuesday 3:25pm-3:55pm
Quiz 3, EIN 4343 Spring 2011 by Dincer Konur, March 1, 2011, Tuesday 3:25pm-3:55pm

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011
by Diner Konur
c
Homework 4 Solutions
1. Please answer the following questions.
(a) Consider a (Q, R) inventory policy. Is (Q, R) policy a continuous or a periodic review inventory
system? What do

Inventory and Supply Chain Systems: EIN 4343 - Spring 2011
by Diner Konur
c
Homework 3 Solutions
1. Recall the example in Lecture Notes 3, discussed in class. An automotive retailer sells 5,000 cars of
a specic brand per year. Each time an order is placed

Month
January
February
March
April
May
June
July
August
September
October
November
December
Demand one-step two-step
e1
e2
|e 1| |e 2|
89
57
144
221
177
280
223
205.5
149.75 -17.5 -73.25 17.5 73.25
286
225.25
205.5 -60.75 -80.5 60.75 80.5
212
241.5
225.25