MGTS352InventoryLesson1

.xlsx

School

Grant MacEwan University *

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Course

322

Subject

Industrial Engineering

Date

Oct 30, 2023

Type

xlsx

Pages

1

Uploaded by genevievegillard59

Report
Electric Drill Example CH Month Units Jan 290 Feb 270 Mar 280 Apr 280 May 285 June 275 Current Average Lot Size Order units/month Wholesale Demand units/week Lead Time 3 weeks Safety Stock 0 units Cycle Inventory units Pipeline Inventory units Offer Changes Average Lot Size Order 350 units/month Wholesale Demand 70 units/week Lead Time 2 weeks Cycle Inventory units Pipeline Inventory units Impact A plant makes monthly shipments of electric drills to a wholesaler in average lot sizes of 280 drills. The wholesaler’s average demand is 70 drills a week, and the lead time from the plant is 3 weeks. The wholesaler must pay for the inventory from the moment the plant makes a shipment. If the wholesaler is willing to increase its purchase quantity to 350 units, the plant will give priority to the wholesaler and guarantee a lead time of only 2 weeks. What is the effect on the wholesaler’s cycle and pipeline inventories?
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