Question: This question has 3 parts please answer each part or go find another question, thank you. A. Shown in picture B. T should be how
A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its 1 -irons, which have the following characteristics: > Demand (D)=2,500 unitslyear > Demand is normally distributed > Standard deviation of weekly demand =3 units > Ordering cost =$50 order > Annual holding cost (H)=$6.00 lunit > Desired cycle-service level =90% > Lead time (L)=4 weeks Refer to the standard normal table for z-values. a. If the company uses a periodic review system, P should be weeks. (Enter your response rounded to the nearest whole number.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
