Question: Demand =90 pairs / week Lead time = three weeks Order cost =$45 order Holding cost =$3.00/ pair/year Cycle service level =99 percent Standard deviation

Demand =90 pairs / week Lead time = three weeks Order

Demand =90 pairs / week Lead time = three weeks Order cost =$45 order Holding cost =$3.00/ pair/year Cycle service level =99 percent Standard deviation of weekly demand =45 Number of weeks per year =52 Economic order quantity: units Reorder point: units Explain your answer. Since the inventory level of 500 pairs is than the reorder point, Emily acerder. units

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