Hansen Corporation Estimates That It Will Consume 400,000 Units of Part

question 99

Essay

Hansen Corporation estimates that it will consume 400,000 units of Part 303 in the coming year.The ordering cost for this unit is $3.20.Hansen Corporation wants to maintain a safety stock of 1,000 units,and its factory operates 200 days per year.What is the order point if the lead time is 2 days?

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Definitions:

Forebrain

The anterior part of the brain, including the cerebral hemispheres, thalamus, and hypothalamus, responsible for sensory and associative functions.

Hindbrain

The posterior part of the brain comprising structures including the cerebellum and brainstem, responsible for regulating basic functions such as heartbeat and respiration.

Brainstem

The posterior part of the brain, adjoining and structurally continuous with the spinal cord, responsible for vital life functions such as breathing, heart rate, and blood pressure.

Midbrain

An area of the brainstem involved in vision, hearing, motor control, sleep/wake, arousal (alertness), and temperature regulation.