What is inventory position immediately after order placed, Operation Management

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What is inventory position immediately after order placed

At Dot Com, a large retailer of popular books, demand is constant at 32,000 books per year. The cost of placing an order to replenish stock is $10, and the annual cost of holding is $4 per book. Stock is received 5 working days after an order has been placed. No backordering is allowed. Assume 300 working days a year.

a) What is Dotcom optimal order quantity?
b) What is the optimal number of orders per year
c) what is the optimal interval ( in working days) between orders?
d) What is the demand during the lead time?
e) What is the reorder point?
f) What is the inventory position immediately after an order has been placed?

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Operation Management: What is inventory position immediately after order placed

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Recent Questions Asked Operation Management

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Ask an Expert for Answer!!

Operation Management: What is inventory position immediately after order placed

Reference No:- TGS090821

Recent Questions Asked Operation Management

Q : Formulate a maximum-flow problem to find completed projects

Q : Estimated taxes to avoid a penalty

Q : Where an organization needs 4094 ip addresses

Q : What is the relevant measure of the value of the equipment

Q : What is inventory position immediately after order placed

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