Hi there! Getting stuck on a problem - could use the help.. this is about demand planning / safety stock type information.

Can you tell me your assumptions? I tried using the safety stock formula but was having trouble because I don't have

enough information...? Maybe I'm thinking of this the wrong way. Help would be appreciated!

1) What is the recommended safety stock given the known lanyard data?

2) What is the recommended minimum and maximum quantity threshold for reordering? Why?

3) Assuming overseas pricing, how many more lanyards were sold last week vs the prior week?

4) A cross-functional team alerts you that in 14 days there will be an event leading to a huge

spike in orders, up to 85,000 lanyards per week for at least 3 weeks.

Please validate when and how (overseas or domestic) the next orders should to be placed to

cover the event, ensure zero out of stocks and maintain lowest costs

**Lanyard Data Set** |

Initial On Hand Inv $ | $ 168,025 |

Cost per unit (domestic) | $ 0.55 |

Cost per unit (overseas) | $ 0.95 |

Domestic Lead Time | 30 days |

Overseas Lead Time | 90 days |

Average weekly sales growth | 0.98% |

Last weeks sales $ | $ 8,250 |

Prior weeks sales | $ 7,700 |