Using the Data Regarding the Inventory Management of a Stock-Keeping

Multiple Choice

Using the data regarding the inventory management of a stock-keeping unit shown in the following table, it can be concluded that the optimal replenishment level with safety stock for a fixed-period system (FPS) under the model assumptions is:
$\begin{array} { | l | l | } \hline \text { Demand } & 140 \text { units per week } \\\hline \text { Order Cost } & \$ 30 \text { per order } \\\hline \text { Inventory-Holding Cost } & \$ 0.4 \text { per unit per year } \\\hline \text { Lead Time } & 3 \text { weeks } \\\hline \text { Economic Time Interval } & 7 \text { weeks } \\\hline \text { Standard Deviation in Weekly Demand } & 8 \\\hline \text { Acceptable Service Level } & 95 \text { percent } \\\hline \text { Standard Deviations to Achieve the Acceptable Service Level } & 1.645 \\\hline\end{array}$

A) more than 1,350 but less than 1,550 units.
B) more than 1,550 but less than 1,650 units.
C) more than 1,650 but less than 1,750 units.
D) more than 1,750 but less than 1,850 units.