Question: A is correct A is correct A is correct Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following

A is correct

A is correct A is correct A is correct Petromax

Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates 52 weeks in a year. Refer to the standard normal table for z-values. > Demand =91,000 units/year > Ordering cost =$32.50 /order > Holding cost =$4.00/ unit/year > Average lead time =9 weeks > Standard deviation of weekly demand =250 units a. The economic order quantity for this item is units. (Enter your response rounded to the nearest whole number.) b. If Petromax wants to provide a 99% service level, the safety stock is units (enter your response rounded to the nearest whole number)

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