Question: > Demand = 7 8 , 0 0 0 units / year > Ordering cost = $ 3 8 . 0 0 ? order >

> Demand =78,000 units/year
> Ordering cost =$38.00? order
> Holding cost =$3.00? unitlyear
> Average lead time =4 weeks
> Standard deviation of weekly demand =120 units
a. The economic order quantity for this item is units. (Enter your response rounded to the nearest whole number.)
b. If Petromax wants to provide a 92% service level, the safety stock is units (enter your response rounded to the nearest whole number) and the reorder point is units (enter your response rounded to the nearest whole number).
 > Demand =78,000 units/year > Ordering cost =$38.00? order > Holding

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