Question: please help quickly 2. (25 pts.) A retailer has the following 10 items in inventory: Cost/Unit 8.5 0.42 90 12.5 Item #01036 #01307 #10286 #10500

please help quickly please help quickly 2. (25 pts.) A retailer has

2. (25 pts.) A retailer has the following 10 items in inventory: Cost/Unit 8.5 0.42 90 12.5 Item #01036 #01307 #10286 #10500 #10572 #10867 #11526 #12572 #12760 #14075 Annual Demand (Units) 100 1200 1000 1000 250 350 500 600 1550 2000 0.6 42.86 154 14.17 0.17 0.6 a.) Develop an ABC classification system for the 10 items. b.) The lead time of item # 01307 is 15 days and constant. During the lead time, the standard deviation of the demand for this item is 50 units and the demand fits to the normal distribution. Calculate the safety stock and reorder level if the firm wants to guarantee a 99.9% service level with continuous review for this stock item (for 99.9% service level, Z value=3.09). Winde

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