Question: Question 23 (3 points) Tesla uses a perpetual inventory system to make inventory decisions about a replacement part for a Model X. Annual demand has

Question 23 (3 points) Tesla uses a perpetual
Question 23 (3 points) Tesla uses a perpetual inventory system to make inventory decisions about a replacement part for a Model X. Annual demand has been forecast to be 2,400 units and the business operates 300 days per year. The standard deviation of daily demand has been forecast to be 27 units. The order lead time is 5 days. Tesla pays $7 to hold a unit for a year and $300 to place an order. Tesla's target service level is 98% How much safety stock is required to maintain a service level of 98%? Do not round intermediate calculations. Round your answer to a whole number. Your Answer: Answer Question 24 (3 points) Uncle Chuck's Chicken Sandwich operates 360 days per year and uses a periodic system to make inventory decisions for fries. Daily demand has been forecast to be 600 units and the standard deviation of daily demand is 300 units. The order interval is 7 days and the order lead time is 8 days. Uncle Chuck's Chicken Sandwich desires to maintain a service level of 98% for this item. If the on-hand inventory is 2,200, what is the order quantity? Round your answer to a whole number. Your

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