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
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 = 230 units/week Lead time =5 weeks Order cost =$70 /order Unit cost =$78 Carrying charge rate =0.070 Desired service level =90 percent Standard devlation of weekly demand =34 Number of weeks per year =52 Use the FpS Safety Stock. Excel template in MindTap to compute, T and M for a foxed-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. MI

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