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Wednesday, March 30, 2016

operations management problem- a small manufacturer of electronic research equipment

 March 30, 2016     No comments   

operations management problem- a small manufacturer of electronic research equipment


Howard Electronics, a small manufacturer of electronic research equipment, has approximately 7,000 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 10% of the items in inventory are A items, 35% are B items, and 55% are C items. She would like to setup a system in which all A items are counted monthly (every 20 days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 120 working days). Question: How many items need to be counted each day?

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