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For an inventory item, the constant demand is 1664 items/year. The lead time is 1.5 weeks. The item cost is $9/item. The unit ordering cost

For an inventory item, the constant demand is 1664 items/year.

The lead time is 1.5 weeks.

The item cost is $9/item.

The unit ordering cost is $145.80/order.

The unit carrying cost is $23.40/item/quarter.

If the order frequency is 2.6 orders/quarter, then find the approximate inventory policy for a periodic

review system.

A. ( 48 , 160 )

E. ( 2.25 weeks , 72 )

B. ( 58 , 72 )

F. ( 6.5 weeks , 72 )

C. ( 42 , 72 )

G. ( 2.25 weeks , 160 )

D. ( 58 , 160 )

H. ( 5 weeks , 160 )

I. None of the above

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