Chapter 12 – Barbara Flynn
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Safety Stock and Reorder Point.
Safety Stock and Reorder Point.
EOQ, Annual Order, and holding cost
Order how many pounds of oysters each day.
Classify as ABC items.
EOQ, avg inventory, number orders, days between orders, costs.
What is economic order quantity? Which supplier should be used?
Determine the number needed of each item.
WARNING: This solution is only partial… may have some incorrect parts on some versions. Use at your own risk. We will fix at some point soon.
Modify the gross material requirements plan. (Fill in large MRP grid).
They give you the product orders, units on hand, and units required and ask you to determine the net requirements for the product.
Given the amount of a product ordered, the units on hand, and the amount of a different product required per unit they ask you to determine the net requirements.