Using the above data, answer the following questions (show your work): Calculat

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Using the above data, answer the following questions (show your work):
Calculat

Using the above data, answer the following questions (show your work):
Calculate Q* (economic order quantity).
Calculate ROP (reorder point) with and without safety stock for Reorder Point Model.
Model.
Calculate T (target order-up-to level) for a Fixed Period Model.
Calculate P (time between orders) for a Fixed Period BUS 364 Supply Chain Management
Chapter 4: Inventory Planning Homework
Directions: Using the provided data, answer all the questions. SHOW ALL YOUR WORK. Upload a copy (Word, PDF, or Excel) or a photo (GIF or JPG) to the drop box in Brightspace by the due date.

d
Weekly Demand
2000 units

# weeks per year
52 weeks

S
Setup or Order Cost
$100

H
Holding or Carrying Cost
10% per unit per year

C
Cost of the Item
$10 per unit

L
Lead Time
2 weeks

Z (.90)
Desired Service Level of 90%
1.3

Standard Deviation of Demand During Lead Time
200 units

Example

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