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Oct 8, 2022 03:44 AM

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#### Lecture example 1: Single-Period Order Quantity (Christmas tree) Assumed ND

## Solution

- 睇表

- 2000 + .43(500) = 2215.37

#### Lecture example 1: Single-Period Order Quantity (Christmas tree) Assumed Uniformly dist

#### Lecture example 1: Single-Period Order Quantity (Christmas tree) Assumed Empirical dist

#### Lecture example 2: Single-Period Order Quantity (McHardee Press)

## Solution

#### Lecture example 3: Re-order Point Quantity Model (Robert’s Pharmacy)

## Solution

#### Lecture example 3: Re-order Point Quantity Model (Robert’s Pharmacy)

- What are the safety stocks?

- What is the total annual cost?

## Solution

#### Lecture example 4: Periodic-review Order Quantity Model (Ace Brush)

## Solution

#### Q1 Single-Period Order Quantity(ND)

## Solution

## Solution for fx 50 fh

#### Q2 Single-Period Order Quantity(ND)

## Solution

#### Q3 Re-order Point Quantity Model

## Solution

#### Q4 Periodic-review Order Quantity Model

## Solution

#### Q5 Periodic-review Order Quantity Model

## Solution

#### Textbook: Re-order Point Quantity Model

What is r?

What is the amount of safety stock?

## Solution

To get safety stock, we need r and mean (), then get the diff:

- Because the mean or expected demand during the lead time is 154 units, the units serve as a safety stock,

- Safety stock absorbs higher-than-usual demand during the lead time.

- Roughly 95% of the time, the 195 units will be able to satisfy demand during the lead time. T

#### Textbook: Periodic-review Order Quantity Model

Assumed there is no lead time and 1 week of review period:

- What is M?

- What is the amount of safety stock?

## Solution

**Author:**Jason Siu**URL:**https://jason-siu.com/article/12605b8f-eae1-4f7b-874b-4041482a58e9**Copyright:**All articles in this blog, except for special statements, adopt BY-NC-SA agreement. Please indicate the source!

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