Question: 1. Given: Same product only per unit cost = $50 for orders up to 200 units Per unit cost = $42 for orders greater than

1.

Given: Same product only per unit cost = $50 for orders up to 200 units

Per unit cost = $42 for orders greater than 200 units

Find: Lowest cost order quantity

2.

Given: Weekly demand = 24 benches/week

Standard deviation of demand = 8 benches/week

Lead time = 3 weeks

Standard deviation of lead time = 1.2 weeks

Target service level = 95%

Find: Reorder point

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