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Annual demand =1425 units, holding cost =$1.50 per unit per year, days per year = 300 , lead time =8 days, order cost =$7.00, and

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Annual demand =1425 units, holding cost =$1.50 per unit per year, days per year = 300 , lead time =8 days, order cost =$7.00, and unit cost =$25.00 115 9,975 13,300 5,000 Daily demand for a product is 30 units with a standard deviation of 9 units. The review period is 22 days and lead time is 13 days. Management has set a policy of satisfying 97.982% of demand from safety stock. At the beginning of this review period there are 215 items in inventory. How many units should be ordered? 944 971 270 660

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