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A company begins a review of ordering policies for its continuous review system by checking the current policies for a sample of SKUs. Following are
A company begins a review of ordering policies for its continuous review system by checking the current policies for a sample of SKUs. Following are the characteristics of one item. Use a standard normal table for zvalues
Demand D unitsweek Assume weeks per year
Ordering and setup cost S $order
Holding cost H $unityear
Lead time L weeks
Standard deviation of weekly demand units
Cycleservice level percent
What is the reorder point? Enter your response rounded to the nearest whole number.
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