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  • Review Questions Session 8

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    gaurab_khetan789
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    Motorola maintains an inventory of circuit boards necessary for the assembly of cellular telephones. Motorola estimates that it costs $54 to place each order to replenish its inventory. What is Motorola's optimal (Q,ROP) policy if management wants to set the ROP such that there is no more than a 3% chance of a stockout?

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    Motorola maintains an inventory of circuit boards necessary for the assembly of cellular telephones. Motorola estimates that it costs $54 to place each order to replenish its inventory. What is Motorola's optimal (Q,ROP) policy if management wants to set the ROP such that there is no more than a 3% chance of a stockout?

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    32 просмотров1 страница

    Review Questions Session 8

    Загружено:

    gaurab_khetan789
    Motorola maintains an inventory of circuit boards necessary for the assembly of cellular telephones. Motorola estimates that it costs $54 to place each order to replenish its inventory. What is Motorola's optimal (Q,ROP) policy if management wants to set the ROP such that there is no more than a 3% chance of a stockout?

    Авторское право:

    © All Rights Reserved
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    ReviewQuestionsSession8

    ChaseJacobsChapter17Problem10(incoursepackage)

    ChaseJacobsChapter17Problem15(incoursepackage)

    Motorola
    Motorolamaintainsaninventoryofcircuitboardsnecessaryfortheassemblyofcellulartelephones.
    Motorolasuseoftheseboardsisfairlyconstantthroughouttheyear,averaging208,000boardsper
    year.Theunitpurchasecostif$0.78perboard;theinventoryholdingcostis20%oftheunit
    purchasecostperyear;andMotorolaestimatesthatitcosts$54toplaceeachordertoreplenishits
    inventory.Wheneveranorderisplaced,Motorolassuppliertakesanywherefrom1to2weeksto
    deliverthecircuit,sothatthedemandduringthedeliveryleadtimeisdistributednormallywith
    mean6000andstandarddeviation500.WhatisMotorolasoptimal(Q,ROP)policyifmanagement
    wantstosettheROPsuchthatthereisnomorethana3%chanceofastockoutduringeach
    replenishmentleadtime?

    Timbuk2Inc.
    Timbuk2Inc.manufacturesover100,000differentversionsofamessengerbags.SupposeTimbuk2
    implementsacontinuousreviewmodeltomanageitsinventoryofaparticularplasticbuckle.
    Demandisapproximatelynormallydistributedwithameanof1000unitsperweekandastandard
    deviationof300.(Eachweeksdemandisindependentoftheotherweeks.)Sincethebuckleis
    sourcedabroad,itisfairlyexpensivetoordertheitem($25perorder),andittakesfourweeksto
    receivetheshipment.Theannualholdingcostsforthebuckleare$0.10.
    HowmanyshouldTimbuk2orderandwhen(atwhichinventorylevel)shoulditorder,ifitstarget
    servicelevelis99.5%?Whatwouldbetheservicelevelprovided,ifTimbuk2woulduseaROPof
    4000unitsinstead?YoumayassumethatTimbuk2isoperating50weeksperyear.

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