Chapter 12 – Barbara Flynn
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Safety Stock and Reorder Point.
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Safety Stock and Reorder Point.
Your numbers will vary.
EOQ, Annual Order, and holding cost
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Order how many pounds of oysters each day.
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Classify as ABC items.
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Classify the inventory items at Boreki Enterprise into ABC classifications.
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Given the boxes of light bulbs ordered per year, the cost of a box, the order cost and the carry cost on an annual basis, determine the annual cost of ordering and carrying the boxes.
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Given the weeks that the firm is operating, the demand for its products, the days in which they manufacture products, and the lead time, determine the quantity that they should order more products.
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Given the monthly demand for bottles of shampoo, determine the economic order quantity.
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Given the monthly demand for staples, the rate at which they can be produced per day, the operating days in a month, and the setup cost for a run and holding cost, determine the economic production quantity, EPQ.
Your numbers will vary.