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Inventory planning for your warehouse is your responsibility. You have noted the demand for Unit X and assumptions as:
Week 1 - 102 units
Week 2 - 94 units
Week 3 - 118 units
Week 4 - 105 units
Week 5 - 109 units
Week 6 - 78 units
Week 7 - 121 units
Week 8 - 101 units
Safety stock is required to be 2 weeks' worth
Manufacturing lead time is roughly 4 weeks
Manufacturing typically provide 45 units per shipment
Value of Unit X is $1500 each
What is the average aggregate inventory value?
Change is everywhere, yet very few people seem to embrace the concept. We are, for the most part, creatures of habit and follow daily routines. When change occurs, our activities and thought patterns are disrupted.
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