please find :

• order quantity
• reorder level
• average inventory with safety stock

Question 10 A retailer buys TVs from a wholesaler and sells them to customers. The retailer incurs an ordering cost of $345 per order when he places the order. The annual holding cost for a TV worth $290 is 24% of the product value. The following table summarizes the demand and the lead time. The retailer follows a 90% fill rate and opens for 50 weeks a year. The retailer wants to find the order quantity, reorder level, and average inventory with safety stock. Month Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sales in units) 148 158 166 169 161 174 113 Leadtime(weeks) 4 3 174 187 153 3 3 1 4 4 1 3