Question: Problem 20 Question Help Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics.

Problem 20 Question Help Your 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 2-values. > Demand (D) - 19,000 units/year > Ordering cost (S) - $35.00/order > Holding cost (H) - $2.50/unit/year Lead time (L) - 3 week(s) Cycle-service level 98% Demand is normally distributed, with a standard deviation of weekly demand of 95 units Current on-hand inventory is 1,040 units, with no scheduled receipts and no backorders. The item's economic order quantity is 729 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) Shi

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