Question: Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates

Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates 50 weeks in a year.

1. Equation for ROP

2.Plugin all #s into the equation above.

3.ROP Value

4.Safety stock value

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