Question: Standard normal table: Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics. Refer

Standard normal table: Your firm uses a

Standard normal table:

Standard normal table: Your firm uses a

Standard normal table: Your firm uses a

Standard normal table: Your firm uses a

Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics. Refer to the standard normal table for 2-values. > Demand (D) - 20,800 units/year > Ordering cost (8) = $50.00/order > Holding cost (H) = $3.75/unit/year > Lead time (L) = 3 week(s) > Cycle-service level = 90% > Demand is normally distributed with a standard deviation of weekly demand of 103 units. > Current on-hand inventory is 1,040 units, with no scheduled receipts and no backorders. The table below shows the total area under the normal curve for a point that is Z standard deviations to the right of the mean. N lo 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0 2.1 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.5000 0.5040 0.5080 0.5120 0.51600.5199 0.5239 0.5279 0.5319 0.5359 0.5398 0.5438 0.5478 0.5517 0.5557 0.5598 0.5636 0.5675 0.5714 0.5754 0.5793 0.58320.58710.5910 0.5948 0.5987 0.6026 0.6064 0.6103 0.6141 0.8179 0.6217 0.6255 0.6293 0.63310.6368 0.6406 0.6443 0.6480 0.6517 0.6554 0.6591 0.6628 0.68640.6700 0.6736 0.6772 0.6808 0.8844 0.6879 0.6915 0.6950 0.6985 0.7019 0.7054 0.7088 0.71230.7157 0.7190 0.7224 0.7258 0.7291 0.7324 0.7357 0.7389 0.7422 0.7454 0.7486 0.75180.7549 0.7580 0.7612 0.7842 0.7673 0.77040.77340.7764 0.77940.7823 0.7852 0.7881 0.7910 0.7939 0.7967 0.7996 0.80230.8051 0.8079 0.8106 0.8133 0.8159 0.8186 0.8212 0.8238 0.8264 0.8289 0.8315 0.8340 0.8365 0.8389 0.84130.8438 0.8461 0.8485 0.85080.8531 0.8554 0.8577 0.8599 0.8621 0.86430.8665 0.8686 0.8708 0.8729 0.87490.8770 0.8790 0.88100.8830 0.8849 0.8869 0.8888 0.8907 0.8925 0.8944 0.89620.8980 0.89970.9015 0.9032 0.9049 0.9066 0.9082 0.9099 0.9115 0.9131 0.9147 0.9162 0.9177 0.91920.9207 0.9222 0.9236 0.9251 0.9265 0.9279 0.9292 0.9306 0.9319 0.9332 0.9345 0.9357 0.9370 0.93820.9394 0.9406 0.9418 0.9430 0.9441 0.9452 0.9483 0.9474 0.9485 0.9495 0.9505 0.9515 0.9525 0.9535 0.9545 0.9554 0.9564 0.9573 0.9582 0.9591 0.9599 0.9608 0.9616 0.9625 0.9633 0.9641 0.9649 0.9656 0.9864 0.9671 0.96780.9686 0.9693 0.9700 0.9706 0.9713 0.9719 0.9720 0.9732 0.9738 0.9744 0.9750 0.9756 0.9762 0.9787 0.97730.9778 0.97830.9788 0.9793 0.9798 0.98030.9808 0.98120.9817 0.98210.9826 0.9830 0.9834 0.98380.98420.9846 0.9850 0.98540.9857 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 3.0 3.1 3.2 3.3 0.9861 0.98650.9868 0.98710.98750.9878 0.9881 0.98840.9887 0.9890 0.9893 0.9898 0.9898 0.9901 0.99040.9900 0.9909 0.9911 0.99130.9916 0.9918 0.9920 0.9922 0.9925 0.9927 0.9929 0.9931 0.99320.99340.9936 0.9938 0.9940 0.9941 0.9943 0.9945 0.9948 0.9948 0.9949 0.9951 0.9952 0.9953 0.9955 0.9956 0.9957 0.99590.99600.9961 0.99620.99630.9964 0.9965 0.9966 0.9997 0.9968 0.99690.9970 0.9971 0.9972 0.9973 0.9974 0.9974 0.9975 0.9978 0.9977 0.9977 0.9978 0.9979 0.99800.99800.9981 0.9981 0.99820.9983 0.9983 0.99840.99840.9985 0.9985 0.99800.9986 0.99870.9987 0.9987 0.9988 0.9988 0.99890.9989 0.9989 0.99900.9990 0.9990 0.9991 0.9991 0.9991 0.99920.99920.9992 0.9992 0.9993 0.9993 0.9993 0.9993 0.9994 0.99940.99940.99940.99940.9995 0.9995 0.9995 0.9995 0.9995 0.9995 0.9995 0.9998 0.9996 0.9998 0.9996 0.9996 0.9997 A To provide a 99 percent cycle-service level, the safety stock for this item is units. (Enter your response rounded to the nearest whole number.) B. To provide a 99 percent cycle-service level, the reorder point for this item is units. (Enter your response rounded to the nearest whole number.) ? (Enter your C. For these policies, the annual cost of holding the cycle inventory is $ response rounded to two decimal places) D. and the annual cost of placing orders is 5 decimal places ? (Enter your response rounded to two

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