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 - 300 units/week Lead time = 2 weeks Order cost-$80/order Unit cost - $86 Carrying charge rate -0.090 Desired service level 95 percent Standard deviation of weekly demand - 45 Number of weeks per year - 52 Use the FPS Safety Stock Excel template in Mind Tap 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 2-value to two decimal places. Do not round intermediate calculations. Round your answer for up to the nearest whole number and round your answer for M to the nearest whole number. weeks T: M: Hint(s) Check My Work

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