Question: Given the weekly demand data below, simulate the operation of a fixed - order - quantity inventory system with a reorder point of 6 0

Given the weekly demand data below, simulate the operation of a fixed-order-quantity inventory system with a reorder point of 60, an order quantity of 100, and a beginning inventory of 100. The lead time is one week. All orders are placed at the end of the week and backordering is not allowed. What is the average end-of-week inventory on hand and the sales lost? (15 Points)
Week Beginning inventory Quantity on-order Demand Ending inventory Inventory position Order? (yes/no) Lost Sales
153
240
336
438
555
634
730
831
940
1057
1130
1253

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