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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. Refer to the standard normal table LOADING... for z-values.
Demand (D)=105units/week (Assume 49 weeks per year)
Ordering and setup cost(S)=$65/order
Holding cost(H)=$13.25/unit/year
Lead time(L)=1 weeks
Standard deviation of weekly demand=20 units
Cycle-service level=90 percent
Part 2
a. What is the EOQ for this item? 283283 units. (Enter your response rounded to the nearest whole number.)
Part 3
b. What is the desired safety stock? enter your response here units. (Enter your response rounded to the nearest whole number.)
Part 4
c. What is the reorder point? enter your response here units. (Enter your response rounded to the nearest whole number.)
Part 5
d. What are the cost implications if the current policy for this item is Q=300 and R=155?
The annual ordering cost is $enter your response here (enter your response rounded to two decimal places) and the annual holding cost is $enter your response here (enter your response rounded to two decimal places).

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