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- Black Instrument Company replenishes highly specialized replacement (service) parts based on statistical reorder point. One part is a 40-mm thumbscrew. Relevant data for the thumbscrew are: Planned stock out frequency= Six per year. Planned lead time = 2 weeks Forecast for next week= 300 Batch size = 400 Standard deviation of demand = 20 (per week) What is the reorder point? What would be the effect on the ROP if lead time were five weeks instead of two? What other factors might impact your decision on when to reorder parts?[3-ITEM] Instructions: Kindly provide the correct and complete solution. (I will DISLIKE your solution if it is incorrect/incomplete)Given the following information, determine the amount to order.d¯ = 30 units per day Desired service level = 99 percentσd = 3 units per day Amount on hand at reorder time = 71 unitsLT = 2 days OI = 7 days
- Discusses design and innovation at Dyson Appliances Limited (DAL). As a purchasing manager, advice on the best way to source the relevant material required in the production of DAL’s first vacuum cleaner. (Using the attached)Arrange a plan to order from the supplier using Part Period Balancing and Least Unit Cost method based on the data. Ordering lead time of the components is 1 period. Calculate the total cost of each method.Question 1: Could a firm have more than one supply chain? Explain. (important instructions: answer must be original in contax, should not contain plagirism, answer must be in proper detail and higlighted all important points. explanation must contain proper facts and figure and examples are mandatory)
- Darren Company uses 36,000 yards of canvas each month to make tents. It usually takes four (4) days from the time Darren orders the material to when it is received. If the desired safety stock is 5,000 yards, what is the re-order point?(Answer format: 25,000) no peso sign, no unit of measure!Make TWO recommendations to prevent both high returns and short deliveries.You’re working in the planning team of a foods factory in Malaysia, producing Magnum. The deadline for shipping deliveries to Giant Supermarkets ready for a new Magnum promotion is in four weeks. The promotion has featured an extensive social media campaign to drive sales. You’ve just been informed that the delivery of raw materials has broken down. There is a risk that the tight manufacturing schedule will not be feasible in the time remaining. What is the potential impact on the retailer, consumer and our brand of failing to meet the delivery schedule? What steps could you take to solve this problem? Who do you need to keep informed, and what method of communication would you choose for each? What steps would you take to prevent this situation from happening again? What data/insights would you gather to support with this?