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only people who has experience in this area please. I have a test in Seystem design & operation and its due tomorrow here is the questions 1. How is quantity determined in inventory control? Cover EOQ (including quantity discounts and EPQ), FOI, and the Single Period Model. In addition, give simple examples with input information, tabulation, graphs, and calculations of each of the following making up your own data. Explain as you proceed. (80 points) a. EOQ with quantity discounts using a constant holding cost b. EPQ c. FOI d. Single Period Model with discrete measures using the Poisson distribution 2. Discuss when inventory is replenished. Give a simple example of an ROP with variable demand with constant lead time. Make up your own data. Explain as you proceed. (20 points) Test Three

Date Posted: 06/04/2016
Category: General
Due Date: 07/04/2016
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only people who has experience in this area please.


I have a test in Seystem design & operation and its due tomorrow here is the questions


1. How is quantity determined in inventory control? Cover EOQ (including quantity discounts and EPQ), FOI, and the Single Period Model. In addition, give simple examples with input information, tabulation, graphs, and calculations of each of the following making up your own data. Explain as you proceed. (80 points)

a. EOQ with quantity discounts using a constant holding cost

b. EPQ

c. FOI

d. Single Period Model with discrete measures using the Poisson distribution



2. Discuss when inventory is replenished. Give a simple example of an ROP with variable demand with constant lead time. Make up your own data. Explain as you proceed. (20 points)

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