Question: roy Enterprises uses a continuous review inventory control system. The firm operates 5 0 weeks per year, with an annual demand of 5 0 ,

roy Enterprises uses a continuous review inventory control system. The firm operates 50
weeks per year, with an annual demand of 50,000 units, an ordering cost of $35 per order, a
holding cost of $1 per unit per year, and a lead time of 3 weeks: (10 points)
(a) How many units should be ordered at a time (rounded to the nearest unit)?
(b) What is the reorder point?

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