IND ENG 150 Study Guide - Midterm Guide: Cookie Monster, Parcel Post, Stockout

• School: Berkeley
• Department: Industrial Engineering And Operations Research
• Course: IND ENG 150
• Professor: All

Document Summary

Open notes, open book, but not open computer. Work all problems: the famous ernie of the sesame street television program is tired of making many trips to the store to replenish the cookie supply devoured by the cookie monster. The cookies cost per pack of 50 and the cookie monster gobbles them up at the rate of. 100 cookies per day. (a) (4 points) suppose the shelf life of cookies is 5 days (i. e. , 5 days after purchase, cookies become no good to eat). If emie is implicitly following an eoq policy, what can you say about the values of themissingparameters? toe. Y 6or;1 - t - "tlr (c) (4 points) suppose a trip to the store costs ernie at least . Every four days: two products are stocked at a retail outlet. Product a is controlled under continuous review and stock is maintained to achieve9svo of demand filled without backorder.