Question: Petromax Enterprises usos a continuous review inventory control system for one of its SkUs. The following information is avalable on the isem. The firm operates

 Petromax Enterprises usos a continuous review inventory control system for one

Petromax Enterprises usos a continuous review inventory control system for one of its SkUs. The following information is avalable on the isem. The firm operates 48 wseks in a year. Refer to the standard normal table for z-values. > Demand =91,000 unitsyear - Ordering cost =532.50 lorder - Holding cost =$3.00/ unityear > Average lead time =9 weeks - Standard deviation of weekly demand =250 units a. The economic order quantity for this fiem is units. (Enter your rosponse rounded to the noares whove number)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!