SUPPLY CHAIN MANAGEMENT
Given DATA:
Annual Demand for 2007: 28900
Holding Cost:0.15
Unit cost: $20
Fixed Shipping cost per order: $300
Coefficient of Variation: 0.1
Lead time: 2 weeks
CSL:0.9
CALCULATE FOLLOWINGS;
Optimal Lot size
Cycle Inventory
Average Weekly demand for 2007?
Standard deviation in weekly demand?
Safety inventory level for a continuous replenishment policy?
Reorder point?
Fill rate?
Average flow time?
Please write down equations and step by step work process.