(All Steps) We have the following information Demand for Widgets is 52,000/ widgets per year Ordering Cost is $30 per order. Unit Cost is $5.00 The Carrying
Question: We have the following information
Demand for Widgets is 52,000/ widgets per year
Ordering Cost is $30 per order. Unit Cost is $5.00
The Carrying Charge is 20%
Demand is 1000/week
Lead time is 2 weeks
Standard Deviation of demand is 100/week
- Calculate a fixed Quantity System with 95% service cycle level
- Calculate a fixed period system with a 90% service cycle level.
Deliverable: Word Document 
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