(See Steps) We have the following information Demand for widgets is 52,000 widgets/year Ordering Cost is $50 per order. Unit Cost is $5.00 The Carrying
Question: We have the following information
| Demand for widgets is 52,000 widgets/year | |||
| Ordering Cost is $50 per order. Unit Cost is $5.00 | |||
| The Carrying Charge is 20% | |||
| Demand is 1000 per week | |||
| Lead Time is 2 weeks | |||
| standard deviation of demand is 300/week | |||
|
Calculate a fixed quantity system with 95% service cycle level.
Calculate a fixed period system with a 90% service cycle level |
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Deliverable: Word Document 
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