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Table 5.85.8 Demand =52,000= 52,000 Units/year
Standard Deviation of Weekly Demand =110= 110

question 44

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Table 5.85.8
Demand =52,000= 52,000 units/year
Standard deviation of weekly demand =110= 110 units
Ordering costs =$45= \$ 45 /order
Holding costs =$0.50/= \$ 0.50 / unit/year
Cycle-service level =90%= 90 \%
Lead time =2= 2 weeks
Number of weeks per year =52= 52 weeks
You will need to refer to a normal table to answer the question(s) .
-Use the information in Table 5.8. If the firm changed to a continuous review system, what would be the reorder point?

Grasp the importance of precision and accuracy in laboratory measurements and the use of reagents and controls in tests.
Comprehend the use and importance of sterilization and cleanliness in preventing contamination and ensuring accurate results.
Understand the benefits and limitations of performing laboratory tests in the physician's office laboratory (POL).
Understand the impact of transactions on cash flow.

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