Question: be carfule, as sson as possible , it is not 6189 Use the following information to construct a Periodic Review inventory model for the next
be carfule, as sson as possible , it is not 6189
Use the following information to construct a Periodic Review inventory model for the next 2 questions. Annual Demand 90,000 units/year Daily forecast error, 500 units/day standard deviation Lead time 6 days Carrying Costs 10% Purchase price, delivered $80 Replenishment order cost $650 Probability of being in stock 90.0% during lead time per unit per order Question 4 1 pts Inventory is reviewed every 15.51 days. What is X, the average demand during the reorder period plus lead time? (slide 9) 8,276 units 3,824 units 1,479 units 7,816 units 6,189 units 8,497 units 5,304 units
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