Description
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it a two pages case I attached the assignment requirement my part is to do the Methods, recommendation and conclusion
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Explanation & Answer
Hi here is your assignment :)
Group 1
MGMT 483
Jefferson Plumbing
Introduction and Background
Alex Halek received a letter from Faucet Masters towards the end of the week. Faucet
Masters is one of their long-time suppliers of a specialty faucet. Since it’s unique, it does not sell
at a large volume and is ordered at the rate of 100 units annually. Since Faucet Masters adopted a
new minimum-order-size policy, the faucet they order (faucet number 36543) should be ordered
at 130 units due to not wanting to lose customers over not having faucet number 36543 readily
available. Alex Halek is faced with the problem of inventory holding costs due to the larger
orders and needs to come up with the best solution to satisfy b...