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 48 weeks in a year. Refer to the standard normal table for z-values. Demand - 91.000 units/year Ordering cost $38.50/order > Holding cost $3.50/unit/year Average lead time 1 week Standard deviation of weekly demand - 175 units If Petromax wants to provide a 96% service level, the safety stock is units (onter your response rounded to the nearest whole number) Next, calculate demand during lead time, L, by first calculating weekly demand

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