Question: Consider the following item that is being managed using a fixed-time period model with safety stock. Weekly demand =95 units, safety stock =28 units, review

Consider the following item that is being managed using a fixed-time period model with safety stock. Weekly demand =95 units, safety stock =28 units, review cycle =4 weeks, operate 48 weeks per year. What is the average of the inventory turns for the year? 0.44 218 0.75 2.30 Question 35 (2.5 points) Daily demand for a product is normally distributed with a mean of 115 and a standard deviation of 12. Assume that sales occur over 300 days per year. Find the order quantity for 95.053% probability of not stocking out during lead time. Lead time is 8 days, the cost of placing an order is $25, and annual holding cost is $1.00 per unit. 2,875 5,750 100 76
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