Your firm uses a periodic review system for all SKUs classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUS classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item's current characteristics are: Annul demand = (G) units Economic order quantity=1000 units Lead time = 3weeks Cycle service level = 95% Demand is normally distributed, with a standard deviation of weekly demand of 64 units. Use the EOQ to define the parameters of an appropriate periodic review system for this item. Which system requires more safety stock and by how much? If you decide to produce the item by your internal resources, what is the economic production lot size, if the production rate is (H) units per week? and what is the cycle inventory B G H I J D 49 8353 E 2249 F 910 3944 35674 17827 765 391 366 Your firm uses a periodic review system for all SKUs classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUS classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item's current characteristics are: Annul demand = (G) units Economic order quantity=1000 units Lead time = 3weeks Cycle service level = 95% Demand is normally distributed, with a standard deviation of weekly demand of 64 units. Use the EOQ to define the parameters of an appropriate periodic review system for this item. Which system requires more safety stock and by how much? If you decide to produce the item by your internal resources, what is the economic production lot size, if the production rate is (H) units per week? and what is the cycle inventory B G H I J D 49 8353 E 2249 F 910 3944 35674 17827 765 391 366