Question: 1st picture is for reference. 2nd pic is the question needed. A commercial auto parts supplier sells Hardy-brand batteries to cardsalers and auto parts stores.

1st picture is for reference. 2nd pic is the question needed. 1st picture is for reference. 2nd pic is the
1st picture is for reference. 2nd pic is the
A commercial auto parts supplier sells Hardy-brand batteries to cardsalers and auto parts stores. The table below provides information related to purchasing and storing this item. Use this information to answer the questions below. The supplier is open 312 days per year. Inventory Information for Car Battery Battery Cost Annual Holding Cost (as a % of Cost) Cost to place an Order Estimated Daily Demand (Based on days store is open) Std Dev. Of weekly demand Lead time in weeks $45 24.00% $5 55.00 12.60 1.50 If the supplier order size is currently 1000 batteries what is it annual ordering, holding and total inventory costs? $777,685.80 What is the EOQ for these batteries? How many order will be placed each year using the EOQ? 126 units 136 orders If the supplier switches to the EOQ what would be its annual ordering, holding, and total inventory costs? $773,561.35 The information for the auto parts supplier from Problem 9 is provided again in the table below. Use this information to answer the Reorder Point questions below. Assume the supplier is using the EOQ you calculated in Problem 9 for the order quantity. Remember the supplier is open 312 days per year. Inventory Information for Car Battery Battery Cost Annual Holding Cost (as a % of Cost) Cost to place an Order : 5 Estimated Daily Demand (Based on days store is open) 7 Std Dev. Of weekly demand B Lead time in weeks $45 24.00% $5 55.00 12.60 1.50 If the company used a reorder point system with a 90% customer service level how 10 much safety stock would it need? 11 12 How much would the holding cost increase to carry that safety stock? 13 14 How many stock outs would it incurr with a 90% customer service level? 15

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