Question: Do the second one based on the first one question = Homework: Cha... Question 4. Problem 29 HW Score: 32 9%, 1.32 of 4 points

Do the second one based on the first one question Do the second one based on the first one question
Do the second one based on the first one question
= Homework: Cha... Question 4. Problem 29 HW Score: 32 9%, 1.32 of 4 points Part 4 of 4 Points: 0 13 of 1 Save forked: Your firm uses a periodic review wystem for all SKUs classified using ABC analysis, as Borches. Further , is a continuous review system for all SKUS dassified as Alons. The demand for a specific SKU currently classified as an Altem, has been dropping you have been asked to evaluate the impact of moving int Score the item from continuous review to periodic review. Assume your firm operates 52 weeks per year the hors current characteristics we mpts: Demand (D) - 14,040 units Ordering CouS) $115 00/order Holding cost (H) - $2.50/unityeur Lead time (L) 8 weeks Cycle-service level =97% uestion Demand is normally distributed with a standard deviation of weekly demand of 62 units a. Calculate the item's EOQ EOQ=1137 units. (Enter your response rounded to the nearest whole number) b. Use the EOQ to define the parameters of an appropriate continuous review and periodic review system for this em Refer to the standard normaliable when necessary Under a continuous review system order 137 units whenever the inventory level drops to 2490 units (Enter your responses rounded to the nearest whole number) ourse (MGSC Under a periodic review system, order up to 3,644 units every weeks (Enter your responses rounded to the nearest whole number) e. Which system requires more safety stock and by how much? Select the correct choice below and fill in the answer box to complete your choice The periodic review system requires & more units of safety stock than the continuous review system (Enter your response rounded to the nearest whole number ed: Homework: Cha... Question 4. Problem 29 HW Score: 32 9%, 1.32 of 4 points Pat 1 of 4 Points: 0.13 of 1 Save Your firm uses a periodic review system for all SKUs classified using ABC analysis, as Bor Citems. Further, it uses a continuous review system for all SKUS dassified as Alters. The demand for a specific SKU. currently classified as an Atem, has been dropping. You have been asked to evaluate the impact of moving Core the item from continuous review to periodic review. Assume your firm operates 52 weeks per year, the item's current characteristics are Demand (D) 14.040 units/year Ordering cost (S) = $130.00/order Holding cost (H) = $2 50/unit year Lead time (L) = 8 weeks Cycle service level 99% tion Demand is normally distributed with a standard deviation of weekly demand of 76 units. a. Calculate the item's EOQ E0Q-units (Enter your response rounded to the nearest whole number) stion MSC

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