Jill's Job shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every three weeks. Data for both products are as follows:
a) What is the inventory control system for Tegdiws? (reorder quantity and reorder point)
Tegdiws - Fixed Order Quantity Model
b) What is the inventory control system for Widgets?