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Wear A Mask (WAM) begins a review of ordering policies for its continuous review system by checking the current policies for a sample of SKUs.
Wear A Mask (WAM) 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. Demand (d) = 87 units/daily (Assume 275 work days per year) Ordering and setup cost (S) = $75/order Holding cost (H) = $13.25/unit/year Lead time (L) = 4 weeks Standard deviation of weekly demand = 19 units Cycle-service level = 90 percent, z = 1.28 What is the EOQ for this item? (Enter your response rounded to the nearest whole number.)
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