July 17, 2019
###### · Describe the information system organization you selected.
July 17, 2019

A retail store uses a ROP inventory system for a popular MP3 player that orders 40 units whenever the ROP of 25 is reached. The delivery time from the supplier has a mean of five days, with a standard deviation of 0.25 days. The time between customer demands is exponential with a mean of two hours. The store is open 10 hours per day, seven days a week. Suppose that the order cost is \$50 per order, and the cost of holding items in inventory is \$0.40 per day. The store manager wants to minimize the total supply chain costs. Develop a model for this supply chain, run the simulation for a two-month period, and experiment with the model to find an order quantity that minimizes total cost (keeping the ROP fixed at 25).

. WITH nursing writers TODAY AND GET AN AMAZING DISCOUNT

The post find an order quantity that minimizes total cost (keeping the ROP fixed at 25). appeared first on nursing writers .

## “Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

The post find an order quantity that minimizes total cost (keeping the ROP fixed at 25). appeared first on nursing writers.

find an order quantity that minimizes total cost (keeping the ROP fixed at 25). was first posted on July 17, 2019 at 5:36 pm.