An electric appliances category manager in carrefour it is your responsibility to ensure right level

Question: An electric appliances category manager in carrefour it is your responsibility to ensure right level of inventories in the store. You decide to test one items use a multiperiod inventory system and have the following data. You would like to maintain a service level of 99 percent (assume a z-score of 2.32) assume the demand occurs 365 days per year. DeterSee the answerSee the answerSee the answer done loadingAn electric appliances category manager in carrefour it is your responsibility to ensure right level of inventories in the store. You decide to test one items use a multiperiod inventory system and have the following data. You would like to maintain a service level of 99 percent (assume a z-score of 2.32) assume the demand occurs 365 days per year. Deter mine the order quantity and reorder point:

Cost of refrigerator
1800 aed
Annual holding cost
20% of the cost
Ordering cost
350aed/order
Demand
3095/year
Standard deviation of lead time
3days
lead time
7days
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