Find the order quantity, reorder level and average inventory with safety stock with formulas on paper.

Question 21 A retailer buys TVs from a wholesaler and sells them to customers. The retailer incurs an ordering cost of $400 per order when he places the order. The annual holding cost for a TV worth $400 is 35% of the product value. The following table summarizes the demand and the lead time. The retailer follows an 86% fill rate and is open 48 weeks a year. The retailer wants to find the order quantity, reorder level, and average inventory with safety stock. Feb Mar Apr May Jun Jul Aug Month Sales (in units) 110118188 177 149 117 101 Leadtime(weeks) 1 3 1 3 3 1 2