Week 3 Case #5 Team Assignment Using Excel and the data provided in the case, work in your…

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Week 3 Case #5

Team Assignment

Using Excel and the data provided in the case, work in your teams to respond to the actions presented:

  • Develop a way to estimate the holding, transaction (or fixed), and backorder costs.
  • Discuss the relationship between service level and shortage costs.  How can this relationships be established quantitatively.
  • Develop a system that involves the continuous review approach for the inventory management. Use the example provided.
  • Give an overall recommendation and next steps
  • Discuss other areas of savings.
    • Posted: 4 years ago
    • Due: 27/12/2015
    • Budget: $60
     
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