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Lecture example 1: Single-Period Order Quantity (Christmas tree) Assumed ND

Solution
- 睇表

- 2000 + .43(500) = 2215.37


Lecture example 1: Single-Period Order Quantity (Christmas tree) Assumed Uniformly dist

Lecture example 1: Single-Period Order Quantity (Christmas tree) Assumed Empirical dist


Lecture example 2: Single-Period Order Quantity (McHardee Press)

Solution


Lecture example 3: Re-order Point Quantity Model (Robert’s Pharmacy)


Solution

Lecture example 3: Re-order Point Quantity Model (Robert’s Pharmacy)

- What are the safety stocks?
- What is the total annual cost?
Solution


Lecture example 4: Periodic-review Order Quantity Model (Ace Brush)

Solution

Q1 Single-Period Order Quantity(ND)

Solution

Solution for fx 50 fh

Q2 Single-Period Order Quantity(ND)

Solution

Q3 Re-order Point Quantity Model

Solution

Q4 Periodic-review Order Quantity Model

Solution

Q5 Periodic-review Order Quantity Model

Solution

Textbook: Re-order Point Quantity Model

What is r?
What is the amount of safety stock?
Solution
To get safety stock, we need r and mean (), then get the diff:
- Because the mean or expected demand during the lead time is 154 units, the units serve as a safety stock,
- Safety stock absorbs higher-than-usual demand during the lead time.
- Roughly 95% of the time, the 195 units will be able to satisfy demand during the lead time. T
Textbook: Periodic-review Order Quantity Model

Assumed there is no lead time and 1 week of review period:
- What is M?
- What is the amount of safety stock?
Solution





- Author:Jason Siu
- URL:https://jason-siu.com/article/12605b8f-eae1-4f7b-874b-4041482a58e9
- Copyright:All articles in this blog, except for special statements, adopt BY-NC-SA agreement. Please indicate the source!
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