Consider a periodic review system with a lead time of two weeks and a review period of seven weeks.  If the average demand per week is 1000 units and 300 units of safety stock are held, what should the target inventory level be?a.1300b.9000c.9300d.7300

An item has a lead time of six weeks and an average demand of 150 units per week. The safety stock for the item is 300 units. At what point should the item be before an order is placed.

Consider a periodic review system.  The target inventory level is 1000 units.  It is time to review the item, and the on-hand inventory level is 200 units.  How many units should be ordered?a.1200b.1000c.800d.the EOQ amount

Athletic Apparel is trying to determine how to manage their stock of t-shirts. For one particular size and color they have an average daily demand of 15 shirts, but it varies by about 5 shirts per day. Their lead time for receiving new t-shirts is 6 days. They are striving for a 94% service level.What should be their safety stock for this particular t-shirt? (Display your answer to two decimal places.)    What should be their reorder point for this particular shirt? (Display your answer to two decimal places.)

Assuming no safety stock, what is the reorder point (ROP) given an average weekly (7 days a week) demand of 350 units, a lead time of 10 days, and 300 units on hand?

Question 1 Palin's Muffler Shop has one standard muffler that fits a large variety of cars. The shop wishes to establish a periodic review system to manage inventory of this standard muffler. Use the information in the following table to determine the optimal inventory target level (or order-up-to level). Annual demand 3,000 mufflers Standard deviation of daily demand 6 mufflers per working day Item cost $30 per muffler Annual holding cost 25% of item value Review period 15 working days Ordering cost $50 per order Service probability 90% Lead time 2 working days Working days 300 per year If the safety stock is 4 units, and the current inventory position is 5 units, calculate the quantity to order up to? second part of the question: If nothing changes (including the safety stock and inventory position), what is the total inventory cost expected for the year? (Use the quantity calculated before and select the closest dollar value)