Question: pls help me correct this solution and explain each calculation step standard deviation of weekly demand is 5 units. Assume 4 weeks per month, and

pls help me correct this solution and explain each calculation step standard deviation of weekly demand is 5 units. Assume 4 weeks per month, and 48 weeks per year. Assume the manager is using a fixed-period inventory system. Compute the economic time interval and the optimal replenishment level

pls help me correct this solution and explain each calculation step

standard deviation of weekly demand is 5 units. Assume 4 weeks per month, and 48 weeks per year. Assume the manager is using a fixed-period inventory system. Compute the economic time interval and the optimal replenishment level without safety stock and with 95% service level. Explain how the system will operate. (15 marks) Q2 b Economic Time Interval (ETI) The ETI is the recommended break in between orders. This formula is used to compute it: Sqrt(2S5*0/HD)=1ETI,where:ETI=Q/DwhercQ=EconomicOrderQuantity.s=Costofordering=$2000

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