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 and weekly demand is 20 units. the lead time for items is 6 weeks, and it cost

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 the 90% Cycle Service level. What is the economic order quantity for this item?

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? Use the information above. What is the ROP using a Q system