Question $7$

$1$ points

Jee's Shoes is considering a change of its current inventory control system for tennis shoes. The information regarding the tennis shoes is: Demand $=1000$ pairs$/$week; Lead time $=3$ weeks; Order cost $=$$$\frac{20}{?}$ order; Holding cost $=$$$\frac{10\mathrm{.}00}{?}$ pair$/$yr; Cycle service level $=95\%$; Standard deviation of weekly demand $=48$; and Number of weeks per year $=52.$ To calculate the relative frequency, use which of the following values?

a$.$ Units Sold and Demand

b$.$ Number of Days and Standard Deviation of Weekly Demand

c$.$ Units Sold and Number of Days

d$.$ Lead Time and Holding Cost