Question: [ 2 0 points ] An office suppliers distributor uses a continuous review inventory control system for one of its SKUSThe following information is available
points An office suppliers distributor uses a continuous review inventory control system for one of its SKUSThe following information is available on the item. Order cost$order Unit cost $ Holding cost rate year Number of working days per year Demand unitsvear Standard deviation of daily demand units Average lead time days Required cycleservice level I aWhat is the economic arder quantity bWhat should the safety stock and reorder point be to have a service level? What is the total annual cost? Show all calculations to earn full credit. dWhat is the safety stock if the required cycle service level is What is the total cost? What is the change of total cost when service level changes? Comment on the cost change.
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