Question: answer last question please! Your firm uses a continuous review system and operates 52 Weoks per year One of the SkUs has the following characteristics.
Your firm uses a continuous review system and operates 52 Weoks per year One of the SkUs has the following characteristics. Refer to the standard normal table for z-values Dertand (D)=18,000 unitsyear Ordering cost (S) =$50.00 order - Hoiding cost (H)=$3.75.unithear > Leod time (L)=1 weekis) > Cyele-service level =90% - Demand is normally distrbuted, with a standard devation of weekly demand of 90 units . Current on hand inventory is 1,040 units, with no schoduled receipts and no backorders. The items economic order quantity is units. (Enter you rospense rounded to the nowest whole number) The average time botween orders is weeks. (Enter your response rounded to two decimal places:) To provide a 90 percent cycle-service levol, the safety stock for this ltem is 118 th unith. (Enter your response rounded to the nearest whole number.) To provide a 90 percent cycle-service level, the reorder point for this tem is unita. (Enter your response rounded fo the nearest whole number)
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