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To complete the inventory quiz, you must follow the directions below:

by | Sep 14, 2022 | Supply Chain Management

 

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Lean Inventory Quiz Instructions
Inventory Quiz
To complete the inventory Quiz, you must follow the directions below:

Step 1: Use the values below to calculate the EOQ, Order Cost, Holding Cost, and Total Cost (hint: your quantity to calculate the costs should be the EQQ) (see pics A to E)

Step 2: Use the values below to calculate safety stock (see CSV file)

Step 3: Use the values above (from the Safety Stock Assignment) to calculate lead-time-demand (CSV file)

 

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