Question: Please help ! To provide a 99 percent cycle-service level, the saftey stock for the item is ___ units ? The reorder point ? the
Please help !
our firm uses a continuous review system and operates 52 weeks per year, One of the SKUs has the following characteristics. Refer to the standard normal table for t-values. > Demand (D)=19,600 unitsiyear . Ordering cost (S)=$50.00 order > Holding cost (H)=$3.75/ unityear > Lead time (L)=1 week(s) - Cycle-eervice level a 99% > Demand is normally distritsuted, with a standard deviation of weekly demand of 98 units. > Current on-hand inventory is 1.040 units, with no scheduled receipte and no backorders. The item's economic order quantity is units. (Enter your response rounded to the nearest whole number.) The average time between orders is weeks. (Enter your response rounded to two decimal places.) To provide a 99 percent cycle-service level, the safety stock for this item is units. (Enter your response rounded to the nearest whole number.) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hlineZ & 0.00 & 0.01 & 0.02 & 0.03 & 0.04 & 0.05 & 0.06 & 0.07 & 0.08 & 0.09 \\ \hline 0.0 & 0.5000 & 0.5040 & 0.5080 & 0.5120 & 0.5160 & 0.5199 & 0.5239 & 0.5279 & 0.5319 & 0.5359 \\ \hline 0.1 & 0.5398 & 0.5438 & 0.5478 & 0.5517 & 0.5557 & 0.5596 & 0.5636 & 0.5675 & 0.5714 & 0.5754 \\ \hline 0.2 & 0.5793 & 0.5832 & 0.5871 & 0.5910 & 0.5948 & 0.5987 & 0.6026 & 0.6064 & 0.6103 & 0.6141 \\ \hline 0.3 & 0.6179 & 0.6217 & 0.6255 & 0.6293 & 0.6331 & 0.6368 & 0.6406 & 0.6443 & 0.6480 & 0.6517 \\ \hline 0.4 & 0.6554 & 0.6591 & 0.6628 & 0.6664 & 0.6700 & 0.6736 & 0.6772 & 0.6808 & 0.6844 & 0.6879 \\ \hline 0.5 & 0.6915 & 0.6950 & 0.6985 & 0.7019 & 0.7054 & 0.7088 & 0.7123 & 0.7157 & 0.7190 & 0.7224 \\ \hline 0.6 & 0.7258 & 0.7291 & 0.7324 & 0.7357 & 0.7389 & 0.7422 & 0.7454 & 0.7486 & 0.7518 & 0.7549 \\ \hline 0.7 & 0.7580 & 0.7612 & 0.7642 & 0.7673 & 0.7704 & 0.7734 & 0.7764 & 0.7794 & 0.7823 & 0.7852 \\ \hline 0.8 & 0.7881 & 0.7910 & 0.7939 & 0.7967 & 0.7996 & 0.8023 & 0.8051 & 0.8079 & 0.8106 & 0.8133 \\ \hline 0.9 & 0.8159 & 0.8186 & 0.8212 & 0.8238 & 0.8264 & 0.8289 & 0.8315 & 0.8340 & 0.8365 & 0.8389 \\ \hline 1.0 & 0.8413 & 0.8438 & 0.8461 & 0.8485 & 0.8508 & 0.8531 & 0.8554 & 0.8577 & 0.8599 & 0.8621 \\ \hline 1.1 & 0.8643 & 0.8665 & 0.8686 & 0.8708 & 0.8729 & 0.8749 & 0.8770 & 0.8790 & 0.8810 & 0.8830 \\ \hline 1.2 & 0.8849 & 0.8869 & 0.8888 & 0.8907 & 0.8925 & 0.8944 & 0.8962 & 0.8980 & 0.8997 & 0.9015 \\ \hline 1.3 & 0.9032 & 0.9049 & 0.9066 & 0.9082 & 0.9099 & 0.9115 & 0.9131 & 0.9147 & 0.9162 & 0.9177 \\ \hline 1.4 & 0.9192 & 0.9207 & 0.9222 & 0.9236 & 0.9251 & 0.9265 & 0.9279 & 0.9292 & 0.9306 & 0.9319 \\ \hline 1.5 & 0.9332 & 0.9345 & 0.9357 & 0.9370 & 0.9382 & 0.9394 & 0.9406 & 0.9418 & 0.9430 & 0.9441 \\ \hline 1.6 & 0.9452 & 0.9463 & 0.9474 & 0.9485 & 0.9495 & 0.9505 & 0.9515 & 0.9525 & 0.9535 & 0.9545 \\ \hline 1.7 & 0.9554 & 0.9564 & 0.9573 & 0.9582 & 0.9591 & 0.9599 & 0.9608 & 0.9616 & 0.9625 & 0.9633 \\ \hline 1.8 & 0.9641 & 0.9649 & 0.9656 & 0.9664 & 0.9671 & 0.9678 & 0.9686 & 0.9693 & 0.9700 & 0.9706 \\ \hline 1.9 & 0.9713 & 0.9719 & 0.9726 & 0.9732 & 0.9738 & 0 \end{tabular} To provide a 99 percent cycle-service level, the saftey stock for the item is ___ units ?
The reorder point ?
the annual holding cost ?


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