Question: 2. (20 pts) In determining the potential space needs for a warehousing operation, determine what …

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Jun 13, 2022

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Question: 2. (20 pts) In determining the potential space needs for a warehousing operation, determine what …

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2. (20 pts) In determining the potential space needs for a warehousing operation, determine what percentage of space would be saved/gained by using a Random /Floating Location Vs Fixed Storage approach. Use the information provided below to inform your answer MUST SHOW WORK FOR FULL CREDIT Daily Withdrawal Rate: 25 unts Reorder Point- (Safety Stock in days x demand per day) Safety Stock: 5 days Order Lead Time: 14 days Order Quantity: 45 days + (lead time demand per day) Max # to Store-Safety Stock + Order Quantity Avg # to Store-5 0rder Quantity) + Safety Stock % Saved (Method A (Fixed)-Method B (Random)) Method A (Fixed) x 100 Answer % Saved:

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2. (20 pts) In determining the potential space needs for a warehousing operation, determine what percentage of space would be saved/gained by using a Random /Floating Location Vs Fixed Storage approach. Use the information provided below to inform your answer MUST SHOW WORK FOR FULL CREDIT Daily Withdrawal Rate: 25 unts Reorder Point- (Safety Stock in days x demand per day) Safety Stock: 5 days Order Lead Time: 14 days Order Quantity: 45 days + (lead time demand per day) Max # to Store-Safety Stock + Order Quantity Avg # to Store-5 0rder Quantity) + Safety Stock % Saved (Method A (Fixed)-Method B (Random)) Method A (Fixed) x 100 Answer % Saved:

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