subject: supply chain managent:

*I must show the steps

Question:- A retailer buys TVs from a wholesaler and sells them to customers. The retailer wants to find the order quantity, reorder level, and average inventory with safety stock. The retailer incurs an ordering cost of $390 per order when he places the order. The annual holding cost for a TV worth $380 is 33% of the product value. The retailer follows an 85% fill rate (service level) and opens 360 days a year. The following table summarizes the demand and the lead time.

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug
Sales (in units)	118	126	178	133	187	150	148	136
Leadtime(days)	1	1	1	1	3	3	1	3