Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKU’s at a constant rate of 30,000 units per year.

Published by admin at October 3, 2023

Tags

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKU’s at a constant rate of 30,000 units per year. It costs Leaky Pipe $10 to process an order to replenish stock and $1 per unit per year to carry the item in stock. Stock is received 4 working days after an order is placed. No backordering is allowed. Assume 300 working days a year.

a. What is Leaky Pipe’s optimal order quantity?

b.What is the optimal number of orders per year?

c.What is the optimal interval (in working days) between orders?

d.What is the demand during the lead time?

e.What is the reorder point?

f.What is the inventory position immediately after an order has been placed?

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKU’s at a constant rate of 30,000 units per year.

"Get 15% discount on your first 3 orders with us" Use the following coupon FIRST15

Related posts

a running track measures 1056 ft per lap. to run 15.0 km how many laps should you run? How do you break the equation down into a solution map?

A local magic shop has a monopoly on the production of magic wands. Each customer wants only one magic wand, and the table below shows each…

A machine produces pipes used in airplanes. The average length of the pipe is 16 inches. The acceptable variance for the length is .3 inches. A…

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15