Question: question 10 0/1 point You are responsible for maintaining an appropriate amount of inventory for Component A, using a Q-type inventory control system (fixed quantity,

question 10 0/1 point You are responsible for
question 10 0/1 point You are responsible for maintaining an appropriate amount of inventory for Component A, using a Q-type inventory control system (fixed quantity, continuous review). Your company estimates your ordering cost to be 500 and the annual cost of holding this item in inventory to be 10. Annual demand for this item is forecasted to be 3,000 and the company has 250 working days per year. Your supplier's lead time is 5 days. How much safety stock will you need if the standard deviation of daily demand is 20 and your target customer service level is 95%? (Round to the nearest Integer)

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