Dear Students We have not received any answer except one student, please remember to pass professional examination practice is very much essential. If you solve one question daily no one can stop you passing the examination. Most of the students fail in aggregate, for them solution to numerical problems helps. We wish to help you out therefore we are giving these questions. Someone who has solved this question will easily solve question on Inventory Management so please answer may be wrong. Next day we are providing you the answer match your answer and improve your confidence. Those students who wish the question and answer in word format may contact us on our email cmadinesh@gmail No one can make you to become professional except you yourself Answer to Question 5 X Y Z Maximum Consumption per week (13,000*8)/52=2,000 (13,000*6)/52=1,500 (13,000*4)/52=1,000 Minimum Consumption per week (7,800*8)/52=1,200 (7,800*6)/52=900 (7,800*4)/52= 600 Average Consumption per week =(2,000+1,200)/2=1,600 =(1,500+900)/2=1,200 =(1,000+600)/2=800 Minimum Lead time 4 4 2 Maximum Lead Time 8 6 4 Normal Lead time 6 5 3 Reorder Level Maximum Consumption x Maximum Lead Time X 2,000*8=16,000 Y 1,500*6=9,000 Z 1,000*4=4,000 Minimum Stock Level Reorder Level- (Average Consumption x Average Lead Time) X 16,000-(1,600*6)=6,400 Y 9,000-(1,200*5)=3,000 Z 4,000-(800*3)=1,600 Maximum stock level Reorder level + Reorder quantity – Minimum Consumption x Minimum lead time X 16,000+7,500-(1,200*4)=18,700 Y 9,000+5,000-(900*4)=10,400 Z 4,000+2,500-(600*2)=5,300
Posted on: Sat, 20 Dec 2014 06:26:13 +0000
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