QUESTION 9Consider a SKU with 276 picks forecasted during the planning horizon and an annual flow of 2000 ft. Suppose that:• the cost of picking from the forward fast-pick area is 1 minute per pick• the cost of picking from the reserve area is 4 minutes per pick• the cost of restocking the fast-pick area from reserve is 5 minutes per restockWhat is the labor efficiency of this SKU? Provide your answer to the nearest single decimal point.

Given that, Number of picks forecasted = 276Annual flow = 2000 ft3

Answered: Consider a SKU with 276 picks…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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