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 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)
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