Question: 1) For the fixed order quantity system if the daily demand is 30 and the lead time in days is 3, what is the reorder

1) For the fixed order quantity system if the daily demand is 30 and the lead time in days is 3, what is the reorder point?

Group of answer choices

A) 89

B) 100

C) 99

D) 90

2) In the basic EOQ model, if D = 80 per month, Co = $13, and Cc = $11 per unit per month, what is the total inventory cost?

Group of answer choices

A) $131.75

B) $75.63

C) $151.26

D) $53.46

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