Question: The Greyhound Company is considering changing its current inventory - control system for electronic picture frames. The information regarding one e - frame is given
The Greyhound Company is considering changing its current inventorycontrol system for electronic picture frames. The information regarding one eframe is given
below:
Average demand unitsweek
Lead time weeks
Order cost $ order
Unit cost $
Carrying charge rate
Desired service level percent
Standard deviation of weekly demand
Number of weeks per year
Use the FPS Safety Stock Excel template in MindTap to compute and for a fixedperiod inventory system model with and without safety stock. Use the rounded
EOQ value in your calculations. Use Appendix A to determine zvalue. Round zvalue to two decimal places. Do not round intermediate calculations. Round your
answer for up to the nearest whole number and round your answer for to the nearest whole number.
:
weeks
M:
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