Solve the problem using the answer sheet (Problem 3)

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3.- A distributor of stationery items wishes to establish a system to control their professional notebook inventories, for which they must choose between implementing a Reorder Point System or a Biweekly Periodic Review System. The average monthly demand is 1750 notebooks with a standard deviation of 89 notebooks, the cost of financing the inventory is 7% quarterly, the replacement of the inventory has a cost of $$ 40 / order. The level of service that is intended to offer is 92%, the delivery time is 15 days. The notebook provider offers the following price range: SCALE 1 - 499 500 - 1499 1500 --- PRICE ($/ notebook 8.00 7.40 6.80 a) Calculate the number of missing for each system b) If the decision must be made based on the average inventory, which system should be implemented? PROBLEM 3 REORDER POINT SYSTEM PERIODIC REVIEW SYSTEM Qo = Nr = N= a) f= a) f = B = B = Ip = Ip = b) THE SYSTEM TO BE IMPLEMENTED IS: 3.- A distributor of stationery items wishes to establish a system to control their professional notebook inventories, for which they must choose between implementing a Reorder Point System or a Biweekly Periodic Review System. The average monthly demand is 1750 notebooks with a standard deviation of 89 notebooks, the cost of financing the inventory is 7% quarterly, the replacement of the inventory has a cost of $$ 40 / order. The level of service that is intended to offer is 92%, the delivery time is 15 days. The notebook provider offers the following price range: SCALE 1 - 499 500 - 1499 1500 --- PRICE ($/ notebook 8.00 7.40 6.80 a) Calculate the number of missing for each system b) If the decision must be made based on the average inventory, which system should be implemented? PROBLEM 3 REORDER POINT SYSTEM PERIODIC REVIEW SYSTEM Qo = Nr = N= a) f= a) f = B = B = Ip = Ip = b) THE SYSTEM TO BE IMPLEMENTED IS