Question: B. Average time between orders is __ weeks. Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUS

Your firm uses a continuous review system and operates 52 weeks per

B. Average time between orders is __ weeks.

Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUS has the following characteristics. Refer to the standard normal table for z-values. > Demand (D) = 18,600 units/year > Ordering cost (S) = $45.00/order > Holding cost (H) = $4.25/unit/year > Lead time (L) = 1 week(s) > Cycle-service level = 96% > Demand is normally distributed, with a standard deviation of weekly demand of 93 units. > Current on-hand inventory is 1,040 units, with no scheduled receipts and no backorders. The item's economic order quantity is units. (Enter your response rounded to the nearest whole number.)

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