I need your help in checking my caculation the attached inventory plan table for Martin-Pullin Bicycles Corp. My other calcualtions on the case are also included on the spreadsheet, I now need to calculate the inventory table, (there are two tabs on the spreadsheet). The key thing is to set up the inventory plan correctly, a month by month look at how many bicycles would be sold.
Than I need to answer the following questions:
Trace the inventory behavior with the forecasted demand (assume they are accurate and there are no forecasting errors)
1. Identify the amount of total stockout
2. Calculate the lost profit due to the stockout
3. Recalculate the total cost
Please refer excel file for complete details on your posting.
Explanations and ...
Solution contains calculations of ,amount of total stock out and lost profit due to stock out