1 Problem 7-10 (Algo) 05 Points eBook Hint A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand lead time, and cost characteristics: Average demand = 220 units per day, with a standard deviation of 21 units Average lead time = 21 days with a standard deviation of 2 days 250 days per year Unit cost $24 Desired service level 95% Ordering cost = $64 Inventory carrying cost = 25% a. What is the standard deviation of demand during lead time? (Round up your answer to the next whole number) Print References Standard deviation unts b. How much safety stock should be carried? (Round up your answer to the next whole number.) Sintety stock units Prev 1 of 10 Next > Mc Graw Hill 1 c. Calculate EOQ. (Round up your answer to the next whole number.) EO units 0.5 points eBook Hint d. Calculate annual ordering cost. (Round your answer to 2 decimal places.) Print References Annual ordering cost e. Calculate annual inventory carrying cost. (Round your answer to the nearest dollar amour Annual inventory carrying cost 1 f. Calculate annual product cost. (Round your answer to the nearest dollar amount.) Annual product cost 0.5 points eBook g. Calculate total cost. (Round your answer to 2 decimal places.) Hint Print Total cost References h. Calculate average cycle stock. Average cycle stock units i. Calculate average inventory Average inventory units Mc Graw HHIL Prev 1 of 10 1 Problem 7-10 (Algo) 05 Points eBook Hint A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand lead time, and cost characteristics: Average demand = 220 units per day, with a standard deviation of 21 units Average lead time = 21 days with a standard deviation of 2 days 250 days per year Unit cost $24 Desired service level 95% Ordering cost = $64 Inventory carrying cost = 25% a. What is the standard deviation of demand during lead time? (Round up your answer to the next whole number) Print References Standard deviation unts b. How much safety stock should be carried? (Round up your answer to the next whole number.) Sintety stock units Prev 1 of 10 Next > Mc Graw Hill 1 c. Calculate EOQ. (Round up your answer to the next whole number.) EO units 0.5 points eBook Hint d. Calculate annual ordering cost. (Round your answer to 2 decimal places.) Print References Annual ordering cost e. Calculate annual inventory carrying cost. (Round your answer to the nearest dollar amour Annual inventory carrying cost 1 f. Calculate annual product cost. (Round your answer to the nearest dollar amount.) Annual product cost 0.5 points eBook g. Calculate total cost. (Round your answer to 2 decimal places.) Hint Print Total cost References h. Calculate average cycle stock. Average cycle stock units i. Calculate average inventory Average inventory units Mc Graw HHIL Prev 1 of 10