Question: correct answer for B Problem 32 A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its

correct answer for B correct answer for B Problem 32 A golf specialty
Problem 32 A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its 1-irons, which have the following characteristics >Demand (D) = 2,000 units/year > Demand is normally distributed > Standard deviation of weekly demand 2 units > Ordering cost = $30/order Annual holding cost (H) - 5600/unit > Desired cycle-service level 90% > Lead time (L) = 4 weeks Refer to the standard normal table for 2-values a. If the company uses a periodic review system, P should be 4 weeks. (Enter your response rounded to the nearest whole number.) T should be 327 units. (Enter your response rounded to the nearest whole number) b. If the company uses a continuous review system, should be units. (Enter your response rounded to the nearest whole number)

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