SC, Supply Chain Management

Assignment Help:
Suppose Norwitch has worked out a new contract, accepted by all its customers, of being allowed up to one week to satisfy each demand. Norwitch still uses a 99% “fill rate” as a target service measure. However, stockouts satisfied within a week is considered as good as demand satisfied from the on-hand inventory.

How would you modify the logic of computing the re-order point, s, to take account of the one-week grace period? Sketch the average behavior of the (s,Q) system to illustrate your reasoning. (8 points)

Related Discussions:- SC

Logistics, how to transport the fmcg perisable goods???

how to transport the fmcg perisable goods???

The Risk Pooling Game Report. , The Risk Pooling Game Report. Dear, Is r...

The Risk Pooling Game Report. Dear, Is required to play this game and do the following: - You got three categories. - Default model. - High demands verses low demands variance.

Forecast, develop a method that will optimal ordering quanties so that we m...

develop a method that will optimal ordering quanties so that we maximize the gross profits and also take into account inventory costs, product cost and price markups

Fresh produce supply chain, The Fresh Produce Supply Chain Fresh produ...

The Fresh Produce Supply Chain Fresh produce was grown in many locations worldwide. However, certain areas proved more economically viable than others for large-scale producti

Supply chain quality improvement, Supply Chain Quality Improvement Lean...

Supply Chain Quality Improvement Lean  is  a journey of  continuous  improvement.  Suppliers  must  often be provided with technical assistance which leads to co operation. At

What is just-in-time approach, What is Just-In-Time (JIT) approach? What ar...

What is Just-In-Time (JIT) approach? What are the reasons for adopting JIT in an organization? State the replenishment techniques used by retailers? Just in-time (JIT) JIT (Jus

Evaluate the case for outsourcing the transport, Question 1: Critically...

Question 1: Critically evaluate the case for outsourcing the transport and distribution activities of an organisation to a third party provider. Question 2: a) What are

Evaluate teleconferencing, The business section of the International Herald...

The business section of the International Herald Tribune carried a story with the headline "Hark! The Herald Angels Sing of Teleconference," (Peter H. Lewis, New York Times Service

Scm simulation, Hello, I am looking for a tutor in my scm assignement (act...

Hello, I am looking for a tutor in my scm assignement (actually explanation). Anyone can help?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd