A small manufacturing shop has coordinated a just-in-time (JIT) delivery policy with its supplier for one of its product components. The shop has an ample amount of space to store the product but uses the JIT policy to avoid having to maintain inventory. The supplier has agreed to a fee of $150 per delivery, no matter how many items are delivered. It costs the shop $25 per unit per day to store and maintain the product component. Demands over the next 4 days are as follows:  Day 1 2 3 4 Demand 80 35 52 20 What would the 4-day cost of the shop's current policy?

Reactions and additional comments: Per the textbook definition, the term bullwhip effect “Describes the distortions in a supply chain caused by changes in customer demand, resulting in large swings in inventory levels as the orders ripple upstream from the retailer to the distributor and manufacturer” (Wallace, 2020, p. 137).  The term is derived from physics. When cracking a whip, someone just has to snap their wrist and it causes a wave like effect that increases with a chain reaction.  The bullwhip effect is a term that was first used in the 1990s. The makers of Pampers had many changes in order volumes, when usually diapers were bought at a constant rate (The Bullwhip effect : History and solutions, 2021). This caused the company to receive hard hits in demand with each new order from the retailers. For example, during the Covid-19 pandemic, everyone was told to stay home, go to school from home, and work from home. This caused the need for many more computers and electronic…

Strategic alliances are most appropriate for suppliers of ________ inventory types. Group of answer choices Critical Leverage Routine None of these answers

10.5 An SKU has an annual demand of 10,000 units, each costing $20, ordering costs are $80 per order, and the cost of carrying inventory is 25%. Calculate the EOQ in units and then convert to dollars.

B15. The restaurant uses 24 bottles of wine to operate and it has 3 bottles in hand. Calculate the Desired Ending Inventory (DEl) if the number of days in the delivery period is 2 and the safety factor is 10%. Using the Periodic Order Method, calculate the number of bottles that the restaurant should order.

If your average daily demand is 60 units, and the replenishment cycle (lead time) is 5 days; with 60 units of safety sock, what is the re-order point?

Develop a measure of risk to go along with the ordering policy. This measure should be quantifiable.

The super discount store open 24 hours a day every day 365 days sells eight packs of paper towels at the rate of approximately 420 packs per week because the towers are so broke the annual cost to carry them in inventory is estimated at $.50 the cost to place an order for more is $20 and it takes four days for an order to arrive what is the cycle time? total cost?

What KPIs are mostly related to supply chain management? Please list three.

Exercise 11.8 We Care Associates (WCA), a local physician practice group, orders supplies from various distributors. Order quantities of fifteen items have been determined based on the past five years of usage. Other relevant information from the practice’s inventory records is depicted in Table EX 11.8. The practice is functional for fifty-two weeks a year. Item No. Weekly Demand (Unit/Week) Unit Cost ($) Yearly Carrying Rate of Each Item Ordering Cost ($) 1 400 2.50 15% 12.00 2 1,600 0.50 16% 6.00 3 175 37.50 20% 32.00 4 250 3.5 12% 50.00 5 250 1.75 18% 12.00 6 32 2,300.00 2% 35.00 7 1,500 1.25 14% 10.00 8 2,200 0.65 17% 6.00 9 1,270 0.95 21% 5.00 10 120 12.50 12% 12.00 11 220 2.00 15% 28.00 12 350 1.50 14% 18.00 13 18 5,000.00 2% 25.00 14 6 6,700.00 2% 50.00 15 1,250 2.60 22% 19.00…