Course Solutions Uncategorized (Answered) : Taken Inventory Management Special Units Business Currently 120 Units Stock Takes 1 3 Week Q30630787

(Answered) : Taken Inventory Management Special Units Business Currently 120 Units Stock Takes 1 3 Week Q30630787

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 6:52 pm
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You have just taken over inventory management for special unitsat a business. Currently there are 120 units in stock, it takesbetween 1 and 3 weeks to receive an order of 100 new units, anddemand runs between 0 and 25units per week. Where should youplace the restocking Kanban if your managementwants to be certain that you never run out butthey also want to minimize their carrying costs(i.e., they want to keep as few units on hand as they can whilestill guaranteeing that they never runout)?  How welldoes this model work if you were to know thatrestocking takes only 1 week the vastmajority

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