What would be the reorder point and the economic order

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Reference no: EM133402641

Crew Soccer Shoes Company is considering a change of their current inventory-control system for soccer shoes. The information regarding the shoes is given below: Demand = 80 pairs/week Lead time = three weeks Order cost = $45/order Holding cost = $5.00/pair/year Cycle service level = 91 percent Standard deviation of weekly demand = 40 Number of weeks per year = 52 The company decides to use a fixed-order quantity system. What would be the reorder point and the economic order quantity? Round your answers to the nearest whole number.

Reference no: EM133402641

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