Question: A company operating under a continuous review system has an average demand of 50 units per week for the item it produces. The standard deviation

A company operating under a continuous review system has an average demand of 50 units per week for the item it produces. The standard deviation in weekly demand is 20 units. The lead-time for the item is six weeks, and it costs the company $30 to process each order. The holding cost for each unit is $10 per year. The company operates 52 weeks per year. The firm also utilizes a 90% cycle service level. Use the information above. What is the economic order quantity (EOQ) for this item? EOQ ROP Use the information above. What is the ROP using a Q system

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