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Suppose the 100 retail stores of a supermarket chain have identical weekly demand for a product (mean 200, standard deviation 120). There is zero correlation between the retailers’ demands. The lead time to replenish each retail store is 4 weeks. A cycle service level of 95% is desired.
If each retail store maintains its own dedicated warehouse, how much safety stock is needed at each store?
What is the total safety stock across all stores?
It is now proposed to have a central DC servicing all 100 retailers. The lead time to replenish the DC is the same (4 weeks).How much safety stock is needed at the DC to maintain the same cycle service level?
If annual inventory holding cost is $50/unit/year, how much money was saved as a result of the decrease in the safety stock?
Many firms consider procurement to be a more strategic function than in the past. Why? Cite one or more references to back up your position. Be sure to cite or include links to your sources.
An explanation of a demand chain An identification of the constituent parts of a demand chain
This discussion helps you develop the skills to master the following course competency: Analyze emerging leadership theories that are appropriate for a global agenda.
Which of the following statements is best regarding the master production schedule?
How is eBusiness changing the traditional marketplace?
A mass merchandiser has four distribution centers to supply 201 retail stores in the Indiana/Ohio area. The distribution centers can supply any store. How many constraints will be in a problem to determine which distribution center supplies which ..
This is part one of a two part assignment starting with an introductory look at process design and supply chains.
Research on the Internet a company that has gone through a major restructuring (excluding bankruptcy). Research to find the company's major business strategy.
23. (Total 10 points) Based on the forecast and customer order information provided by the company that manufactures the external protection blocks used in the space shuttle, obtain the master production schedule (using the table below - a copy of th..
The table that follows contact the number of flights that did not meet the New England Air's definition of on time.
Analyze the reason for the type of organizational structure
Compute a simple exponential smoothing forecast for week 7 with a=.4. Assume the forecast for week 1 is 60.
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