Table 5.6
Peterson Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year and has the following characteristics for an item:

Standard deviation in weekly demand $= 125$ units
You will need to refer to a normal table to answer the question(s).
-Use the information in Table 5.6. What is the EOQ for this item?
A) less than or equal to 1100 units
B) greater than 1100 but less than or equal to 1200 units
C) greater than 1200 but less than or equal to 1300 units
D) more than 1300 units

Question

Table 5.6
Peterson Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year and has the following characteristics for an item:

Standard deviation in weekly demand $= 125$ units
You will need to refer to a normal table to answer the question(s).
-Use the information in Table 5.6. What is the EOQ for this item?
A) less than or equal to 1100 units 
B) greater than 1100 but less than or equal to 1200 units 
C) greater than 1200 but less than or equal to 1300 units 
D) more than 1300 units

Quizplus · Accepted Answer

The Answer of Table 5.6
Peterson Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year and has the following characteristics for an item:

Standard deviation in weekly demand $= 125$ units
You will need to refer to a normal table to answer the question(s).
-Use the information in Table 5.6. What is the EOQ for this item?
A) less than or equal to 1100 units 
B) greater than 1100 but less than or equal to 1200 units 
C) greater than 1200 but less than or equal to 1300 units 
D) more than 1300 units

Table 56 Peterson Enterprises Uses a Continuous Review Inventory Control System

Table 56
Peterson Enterprises Uses a Continuous Review Inventory Control System