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Your firm uses a continuous review system and operates 5 2 weeks per year. One of the SKUs has the following characteristics. followsDemand ( D

Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics.
followsDemand (D)=19 comma 000units/year
followsOrdering cost(S)=$55.00/order
followsHolding cost(H)=$4.25/unit/year
followsLead time(L)=4week(s)
followsCycle-service level=92%
followsDemand is normally distributed, with a standard deviation of weekly demand of 95 units.
followsCurrent on-hand inventory is 1 comma 040units, with no scheduled receipts and no backorders.
The item's economic order quantity is
enter your response here units. (Enter your response rounded to the nearest whole number.)
The average time between orders is
enter your response here weeks. (Enter your response rounded to two decimal places.)
To provide a 92 percent cycle-service level, the safety stock for this item is
enter your response here units. (Enter your response rounded to the nearest whole number.)
To provide a 92 percent cycle-service level, the reorder point for this item is
enter your response here units. (Enter your response rounded to the nearest whole number.)
For these policies, the annual cost of holding the cycle inventory is $
enter your response here (enter your response rounded to two decimal places) and annual cost of placing orders is $
enter your response here (enter your response rounded to two decimal places).

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