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The following information is available for a firm: Demand = 5,200 units/year Standard deviation of weekly demand = 11 units Ordering costs = $45/order Holding
The following information is available for a firm: Demand = 5,200 units/year Standard deviation of weekly demand = 11 units Ordering costs = $45/order Holding costs = $2/unit/year Cycle-service level = 90% Lead-time = 3 weeks Number of weeks per year = 52 weeks In a continuous review system how much safety stock will the firm carry? Question 19 options: 94 14 84 24
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