an average daily demand of 50 ampoules, 5 days’ lead time and 40 ampoules safety stock,compute for the reorder point?
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With an average daily demand of 50 ampoules, 5 days’ lead time and 40 ampoules safety stock,compute for the reorder point?
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- Lead time for some SKU is always 10 days, and demand for that SKU is always 50 per day. What isthe reorder point for this SKU?Based on available information, lead time demandfor PC jump drives averages 50 units (normally distributed),with a standard deviation of 5 drives. Management wants a97% service level.a) What value of Z should be applied?b) How many drives should be carried as safety stock?c) What is the appropriate reorder point?Hospital XYZ has a monthly demand of 80 bottles of Molnupiravir 200mg capsule. The lead time for orders is 7 days, and the hospital maintains a safety stock of 76 bottles and a maximum stock level of 156 bottles. Currently, the hospital has a remaining balance of 90 bottles. Is the item below or above its reorder point? How many units should the company purchase?
- The EOQ for an item is 800 units, and the annual usage is 2300 units. What is theperiod order quantity?Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given the information provided below, complete the following table: Annual demand 26,000 dozen Cost per order placed P30 Carrying cost 20% Price per dozen P7.80 Order Size (Dozen) 250 500 1,000 2,000 13,000 26,000 Number of orders Average inventory Carrying cost Order cost Total cost 1. What is the EOQ? Thank you so much!Walrus Company has the following information available concerning one of its inventory items: Cost of placing an order $30.00 Unit carrying cost per year $3.00 Annual unit demand 6,625 Safety stock 125 Average daily demand 25 Normal lead time in days 10 If there is a delay in shipping the item, approximately how many days can be covered by the safety stock? a.5 days b.110 days c.26 days d.31 days
- Based on available information, lead time demandfor PC jump drives averages 50 units (normally distributed),with a standard deviation of 5 drives. Management wants a97% service level. Ja) What value of Z should be applied?b) How many drives should be carried as safety stock?c) What is the appropriate reorder point?Given the following information, compute the economic order quantity, annual holding cost, annual order cost, and annual total inventory cost. Annual requirements (R) = 50,000 units Order cost (S) = $150 per order Holding rate (k) = 15% Unit cost (C) = $100 per unitCape Fear Hospital consumed 400 boxes of bandages per week last year. The price of bandages was $80 per box, and the hospital operates 52 weeks per year. The cost of processing an order was $64, and the cost of holding one box throughout a full year was 20% of the value of the material. What is the EOQ? 407 boxes 102 boxes O 408 boxes O 57 boxes
- The electrolyte drink for our beloved NMSU soccer team average normally distributed demand of 5 units and a standard deviation of 1 unit. Lead time for replenishment is fixed at four days. (a) What is the reorder point if there is no safety stock? (b) What is the reorder point if the service level is 80 percent? (c) How much more safety stock is required if the service level is raised from 80 percent to 90 percent?Dairy Ice Cream sells 12,000 gallons of ice cream each month from its central storage facility. Monthly carrying costs are P0.10 per gallon and ordering costs are P50 per order. Ignore potential stock out costs and assume a 30-day month. What is the EOQ? What is the average inventory? What is the total inventory cost for the month?The demand of paper box every year is 6,400 boxes. Storage and handling costs for the paper are $40 a year per box, and it costs approximately $80 to order and receive a shipment of a paper box. a. What order size would minimize the sum of annual ordering and carrying costs? b. Compute the total annual cost using your order size from part a.