Given the following information, formulate an inventory management system. The item is demanded 50 weeks a year. Item cost $ 10.00 Standard deviation of weekly demand 25 per week Order cost $ 250.00 Lead time 1 week Annual holding cost (%) 33 % of item cost Service probability 95 % Annual demand 25,750 Average demand 515 per week a. Determine the order quantity and reorder point. (Round your answers to the nearest whole number.)

Which of the following is not correct about renter's insurance? multiple choice renter's insurance is relatively inexpensive. renter's insurance covers the building and other structures on the site. typical coverage pays only the actual cash value of one's losses. the comprehensive form protects personal property against perils not specifically excluded in the policy. the broad form covers personal property against perils specified in the policy.