Question: Fixed Order Quantity Inventory System with Uncertain Demand Average Annual Demand 14,000.00 Ordering Cost $44.00 Unit Cost $3.60 Carrying Charge Rate 0.25 Lead time (weeks)
| Fixed Order Quantity Inventory System with Uncertain Demand | |||
| Average Annual Demand | 14,000.00 | ||
| Ordering Cost | $44.00 | ||
| Unit Cost | $3.60 | ||
| Carrying Charge Rate | 0.25 | ||
| Lead time (weeks) | 2.00 | ||
| Weeks in a year | 52 | ||
| Standard deviation of weekly demand | 77.00 | ||
| Service level | 0.90 | Formulas | |
| Economic Order Quantity (to whole number) | #N/A | ||
| Order cost | #N/A | ||
| Inventory cost | #N/A | ||
| Total cost | #N/A | ||
| Average demand during lead time | #N/A | ||
| Standard deviation during lead time | #N/A | ||
| z-value | #N/A | ||
| Safety stock | #N/A | ||
| Reorder point | #N/A |
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