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Service Management: Operations, Strategy, Information Technology 8th Edition by James Fitzsimmons,Mona Fitzsimmons,Sanjeev Bordoloi
Edition 8ISBN: 978-1259010651Service Management: Operations, Strategy, Information Technology 8th Edition by James Fitzsimmons,Mona Fitzsimmons,Sanjeev Bordoloi
Edition 8ISBN: 978-1259010651 Exercise 39
The Dell Factory Outlet has the following daily demand distribution for laptop computer carrying cases.
Simulate 5 days of retail sales using the following inventory policy. If the ending inventory of cases is 0 or 1, order enough units such that the starting inventory on the next day will be 5 cases. Ordered units arrive the next morning and are stocked before the store opens for business. If a stock-out occurs, the sale is lost.
The cost structure is as follows:
Fill in the following simulation table using the random numbers provided.
Simulate 5 days of retail sales using the following inventory policy. If the ending inventory of cases is 0 or 1, order enough units such that the starting inventory on the next day will be 5 cases. Ordered units arrive the next morning and are stocked before the store opens for business. If a stock-out occurs, the sale is lost.
The cost structure is as follows:
Fill in the following simulation table using the random numbers provided.
Explanation
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Service Management: Operations, Strategy, Information Technology 8th Edition by James Fitzsimmons,Mona Fitzsimmons,Sanjeev Bordoloi
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