Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates 50 weeks in a year.

Demand= 50,000 units/year
Ordering cost= $35/order
Holding cost = $2/unit/year
Average lead time= 3 weeks
Standard deviation of weekly demand= 125 units

a. What is the economic order quantity for this item?
b. If Petromax wants to provide a 90 percent cycle-service level, what should be the safety stock and the reorder point?

cool i use it all the time

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer; sensory adaptation;