Annual demand for a particular halogen bulb is 4500 at a business that operates 300 days per year. The cost per order $2

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answerhappygod
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Annual demand for a particular halogen bulb is 4500 at a business that operates 300 days per year. The cost per order $2

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Annual demand for a particular halogen bulbis 4500 at a business that operates 300days per year. The cost per order $230 andthe holding cost per unit per year is $3.1. Thestockout cost is $30/unit. The lead timeis 15 days, and demand during lead timefollows the empirical distribution given in the followingtable.
What is the number of inventory cycles, i.e. number of orders, in ayear? What is the average demand during lead time? Roundto a whole number.What is the annual holding cost associated with a safety stockof 90? What is the service level with a safety stockof 90? What is the reorder point with a safety stockof 90? What is the average stockout per inventory cycle with a safetystock of 90? What is the stockout cost associated with a safety stockof 90 per inventory cycle? What is the annual stockout cost associated with a safety stockof 90?
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