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 T and M 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 T up to the nearest whole number and round your answer for M to the nearest whole number.
T:
weeks
M:
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