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
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 52 weeks in a year. Refer to the standard normal table for z-values. > Demand =83,200 units/year > Ordering cost =$32.50 /order > Holding cost =$3.50 /unit/year > Average lead time =1 week > Standard deviation of weekly demand =200 units a. The economic order quantity for this item is units. (Enter your response rounded to the nearest whole number.)

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