Question: An item is being managed using a fixed time period model with safety stock. Assume weekly demand = 75, the review cycle = 3 weeks,

An item is being managed using a fixed time period model with safety stock. Assume weekly demand = 75, the review cycle = 3 weeks, safety stock = 32 units, and the company operates 50 weeks per year. Inventory turns for the item = 0 21 0 26 O 32 O 35 Daily demand for a product is 22 units with a standard deviation of 6 units. The review period is 35 days and the leadtime is 14 days. Management has set a policy of satisfying 98.214% of demand from safety stock. At the the beginning of this review period there are 195 items in inventory. How many units should be ordered? 0702 525 O 453 O 971 The demand for a product is 250 units per month on average. If the standard deviation of demand is 19, what safety stock would we carry to be 90.32% sure of not stocking out? 25 O 30 18 O 39

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