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Suppose the weekly demand for a popular tablet computer follows the normal distribution, N(1500, 200) in UK, N (2000, 250) in Germany, and N (1200, 200) in France. Amazon sources the tablet at $250 per unit, and the sourcing lead time is 2 weeks. Each sourcing order costs Amazon $200 in administrative processing and transportation. The company uses a continuous review (R, Q) policy to manage inventory and targets a 98% service level (k = 2.054). Assume an annual interest rate of 50% to calculate inventory holding cost and 52 weeks in a year. What are the order quantity Q and reorder level R for each DC? Define cycle stock as Q/2, safety stock as R minus the expected demand during lead time, and average inventory as the sum of cycle stock and safety stock. What is the total amount of average inventory held in all three DCs? If Amazon uses one single DC to serve the tablet demand in all three countries, what are the resulting Q, R, and average inventory held in the DC? How many units of inventory are saved compared to 1?
Create a list of documents that need to be created so that the procedures for operating the new equipment are understood by all users.
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Compare internal vs external recruiting. When would you want to use each option? what are some advantages and disadvantages of each?
UES wants to ensure that each of the distribution hubs is serviced by a different vendor. Which bids should UES accept, and which vendors should UES select to supply each distribution hub?
Highlight the differences between feed-forward controls and Concurrent controls. Give a practical example for each. Discuss the differences that exist between ‘strategic' and ‘operational' control
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Time For Preferring Job Process
Complete the external environmental scan for your organization. (The company I want to use is either Apple or Starbuck). Perform an internal competitive environmental scan for your organization.
Furrel's Ice Cream Company ships ice cream in bulk from its manufacturing facility to its 25 retail outlets. Furrel's has categorized its retail outlets into four types, each of which sells a certain level of ice cream per week, measured in pounds. F..
How does supply chain management contribute to the overall competitiveness of the corporation? What factors have raised the strategic importance of the supply chain management function?
Items purchased from a vendor cost $30 each, and the forecast for the next year’s demand is 2,000 units. It costs $20 every time an order is placed and inventory held has a 10% cost of capital. What quantity should be ordered each time (round your an..
question 1 a number of drivers of change have transformed the roles responsibilities and functions of an operations
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