Question: am 3 ver.A - Production & Operations Management A store has collected the following information on one of its products: Demand = 1 0 ,
am ver.A Production & Operations Management
A store has collected the following information on one of its products:
Demand unitsyear
Standard deviation of weekly demand units
Ordering costs $ order
Holding costs $ unityear
Cycleservice level
Leadtime weeks
Number of weeks per year weeks
For the most recent review, an inventory clerk checked the inventory of this item and found units. There were no scheduled receipts or backorders at the time.
b The store decided to change to the periodic review system to control the item's inventory. When and how many units should be ordered?
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