Question: The Greyhound Company is considering changing its current inventory-control system for electronic picture frames. The information regarding one e-frame is given below: Average demand =

The Greyhound Company is considering changing its current inventory-control system for electronic picture frames. The information regarding one e-frame is given below: Average demand = 150 units/week Lead time = 3 weeks Order cost = $50/order Unit cost = $94 Carrying charge rate = 0.080 Desired service level = 85 percent Standard deviation of weekly demand = 30 Number of weeks per year = 52 Use the FPS Safety Stock Excel template in MindTap to compute T and M for a fixed-period inventory system model with and without safety stock. Use the rounded EOQ value in your calculations. Use Appendix A to determine z-value. Round z-value 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: []

M: []

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