Question: Consider the following information for a given certain company: Average Demand = 5 2 , 0 0 0 units / year Standard deviation of weekly

Consider the following information for a given certain company:
Average Demand =52,000 units/year
Standard deviation of weekly demand =110 units
Lead time =2 weeks
Ordering costs =$45/order
Holding costs =$0.50? unit/year
Cycle-service level =90%
Number of weeks per year =52 weeks
At the most recent review an inventory clerk just checked the inventory of this item and found 2700 units. There were no scheduled receipts and no back orders. The EOQ quantity is:
Between 3055-3065
Between 3033-3055
Between 1020-2000
Between 800-1010
None of the above
 Consider the following information for a given certain company: Average Demand

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