1 a sporting goods company has a distribution center that, Ask an Expert

Management Studies

1. A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand, lead time, and cost characteristics: Average demand 5 100 units per day, with a standard deviation of 12 units

Average lead time 5 12 days with a standard deviation of 2 days
250 days per year Unit cost 5 $25
Desired service level 5 95% Ordering cost 5 $50
Inventory carrying cost 5 20%

The basic question: How many fishing rods should the distribution center carry to provide the desired service level? There are, of course, many other specific questions, such as EOQ? Average cycle stock?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91570828

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