Perpetually reviews inventory levels

Assignment Help Operation Management

Reference no: EM13762100

Mr. Dave Jones manages the warehouse in inventory for Athleticks, a distributor or sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr.Jonesrequires no buffer stock at this time.

a. Assume Mr. Jones perpetually reviews inventory levels. Find the reorder point for the PR-5 jogging watch.

b. Find the average inventory level of the PR-5 watch.

c. How might the reorder point change if Mr. Jones reviews inventory once each week? Find the reorder point under these conditions.

Reference no: EM13762100

Questions Cloud

Three ways master schedules are expressed and used : Master schedules are expressed in three different ways, depending on whether the process is continuous, a job shop, or repetitive. Compare and contrast the three ways master schedules are expressed and used.

Occurring simultaneously in an organization : If multiple changes were occurring simultaneously in an organization, would it make sense to merge them into one large change initiative? Why or why not?

Current production standards : A product has a specification range of 26" to 30". Current production standards are such that 8% are out of specification. What would be the parameters for the R-Chart and X-Bar-Chart for this product? (Assuming a sample size of 5 parts)

Which two types of change resistance : Select two reasons why people resist change and, for each of them, suggest a method for overcoming that resistance. Which two types of change resistance do you think are most common and why?

Perpetually reviews inventory levels : Mr. Dave Jones manages the warehouse in inventory for Athleticks, a distributor or sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr.Jonesre..

Product life cycle affect outsourcing decision of a product : How would the product life cycle affect the outsourcing decision of a product? Please have a discussion of no less than 100 words. In your own words

Competitive pay strategy : With whom does your organization compete in terms of compensation and benefits? What is your company’s competitive pay strategy? Do they attempt to pay more, the same or less than the competitive average in your area and why? What is your company’s p..

Organization development and other management consultants : Search the Internet for the websites of organization development and other management consultants. Try to find an explicit or implicit model of organization or organizational change that they recommend. How do these relate to the models presented in ..

A preferred stock that pays quarterly dividends : Amy purchases a preferred stock that pays quarterly dividends. The first quarterly dividend of $1 will be paid one quarter (three months) from today. At the end of each 4-quarter period, the quarterly dividends are assumed to increase by 2%. Determin..

User Account

All Pages