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Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUS has the following characteristics. Refer to the
Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUS has the following characteristics. Refer to the standard normal table for z-values. > Demand (D) = 18,000 units/year Ordering cost (S) = $50.00/order >Holding cost (H) = $4.00/unit/year >Lead time (L) = 3 week(s) > Cycle-service level = 98% > Demand is normally distributed, with a standard deviation of weekly demand of 90 units. > Current on-hand inventory is 1,040 units, with no scheduled receipts and no backorders. The item's economic order quantity is units. (Enter your response rounded to the nearest whole number.) A
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