Question: Troy Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year, with an annual demand of 50,000 units, an ordering

Troy Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year, with an annual demand of 50,000 units, an ordering cost of $35 per order, a holding cost of $1 per unit per year, and a lead time of 3 weeks: (10 points)

(a) How many units should be ordered at a time (rounded to the nearest unit)?

(b) What is the reorder point?

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