8. An importer of television sets from the Far East distributes them throughout the European Union from four warehouses. Shipments are received monthly, and this month's shipment is 130,000 sets. Due to the long lead time, demand and supply for the sets are hard to match. As such, an allocation to the warehouse is based on a monthly demand forecast and the service level for each warehouse. The inventory records and forecast for the coming month show the following situation: Quantity on hand, sets 700 Warehouse Demand Forecast error, Service level forecast, sets 15,000 25,000 10,000 35,000 sets 1 85% 200 2500 1800 1,000 1,200 2,000 3,000 92% 3 88% 4 90% How should the allocation of the sets be made to the warehouses?
8. An importer of television sets from the Far East distributes them throughout the European Union from four warehouses. Shipments are received monthly, and this month's shipment is 130,000 sets. Due to the long lead time, demand and supply for the sets are hard to match. As such, an allocation to the warehouse is based on a monthly demand forecast and the service level for each warehouse. The inventory records and forecast for the coming month show the following situation: Quantity on hand, sets 700 Warehouse Demand Forecast error, Service level forecast, sets 15,000 25,000 10,000 35,000 sets 1 85% 200 2500 1800 1,000 1,200 2,000 3,000 92% 3 88% 4 90% How should the allocation of the sets be made to the warehouses?
Chapter18: The Management Of Accounts Receivable And Inventories
Section: Chapter Questions
Problem 19P
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