Question;Omar Haaris receives 5000 tripods annually from Top-Grade Supplier to meet his annual demand. Omar runs a large photographic outlet, and the tripods are used primarily with 35mm cameras. The ordering cost is $15 per order, and the carrying cost is $0.50 per unit per year. Weekly demand is 100 tripods. A) What is the optimal order quantity? Question 37Based on available information, lead time demand for CD-ROM drives averages 250 units (normally distributed), with a standard deviation of 25 drives. Management want s a 98% service level. A)How many drives should be carried as safety stock? B)What is the appropriate ROP?
Paper#60577 | Written in 18-Jul-2015Price : $22