Cou daj Petromax Enterprise unen a continuous review inventory control system for one of its SKUs. The following informa
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Cou daj Petromax Enterprise unen a continuous review inventory control system for one of its SKUs. The following informa
Cou daj Petromax Enterprise unen a continuous review inventory control system for one of its SKUs. The following information is available on the sum The form operates 52 weeks in a year. Refer to the standard normaltable for zwalues Demand +78,000 units/year Ordering cost-$3000order > Holding cost-$400/unit/year > Average lead time = 9 weeks Standard deviation of weekly demand=225 units a. The economic order quantity for this item is units (Enter your response rounded to the nearest whole number) b. Petromax wants to provide a 96% service level the safety stock is units (enter your response rounded to the nearest whole number) and the reorder point is units enter your response rounded to the nearest whole number
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