Trade-offs between inventory carrying costs-stock-out costs

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Reference no: EM132304311

1. Trends: The internet made such a huge impact on the way we communicate over the last 25 years, what is your opinion the next technology that will impact emergency management?

2. Describe the trade-offs between inventory carrying costs and stock-out costs.

Calculate the inventory carrying cost if weekly demand is 150 units, the value of the item is $70 and the carrying cost is 18% of the item value.

If your average daily demand is 80 units, and the replenishment cycle (lead time) is 5 days; with 60 units of safety sock, what is the re-order point?

Reference no: EM132304311

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