Q*=2×12,000×1504=3,600,0004=900,000=900 unitscap Q raised to the * power equals the square root of the fraction with numerator 2 cross 12 comma 000 cross 150 and denominator 4 end-fraction end-root equals the square root of the fraction with numerator 3 comma 600 comma 000 and denominator 4 end-fraction end-root equals the square root of 900 comma 000 end-root equals 900 units Calculate Total Cost ( TCcap T cap C
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The forecast for June was 500 units. Actual demand in June was 550 units. Use a smoothing constant ($\alpha$) of 0.2 to calculate the forecast for July. supply chain management midterm exam questions
starts at the , making long-term decisions about where to build new factories. He knows SCM isn't just about moving boxes; it's about creating value for the end customer.
The retailer should reorder when inventory drops to . Section 3: Scenario-Based & Case Study Questions Question 5: Postponement Strategy Design Use a smoothing constant ($\alpha$) of 0
Understanding how variance amplification moves upstream in a supply chain due to order batching, price fluctuations, rationing, and shortage gaming. 4. Supply Chain Network Design
Do not just practice calculations; understand how the variables interact. Ask yourself: If lead time doubles, what happens to safety stock? If holding costs drop, how does that change my EOQ? (Hint: Safety stock rises by the square root of time; EOQ increases). The retailer should reorder when inventory drops to
Calculating buffer inventory to protect against demand and lead-time variability.
) increases, your safety stock must increase because your exposure to demand uncertainty lasts longer.
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These technologies address nearly every function and task that occurs in the supply chain.