Question: 2DS Economic order quantity (EOQ) = 7 H ROP = d * LT + 2 LT xo + d2 xor Standard Normal Probabilities entry Table

2DS Economic order quantity (EOQ) = 7 H ROP = d * LT + 2 LT xo + d2 xor Standard Normal Probabilities entry Table entry for z is the area under the standard normal curve to the left of z. .00 .02 1.03 .05 .06 .07 .09 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 .5000 5398 5793 .6179 .6554 .6915 .7257 .7580 .7881 .8159 .8413 .8643 .8849 .9032 .9192 .01 .5040 .5438 .5832 .6217 .6591 .6950 .7291 .7611 .7910 8186 .8438 8665 .8869 9049 .9207 .5080 5478 .5871 .6255 .6628 .6985 .7324 .7642 .7939 .8212 .8461 8686 .8888 .9066 .9222 .5120 .5517 .5910 .6293 .6664 .7019 .7357 .7673 -7967 8238 .8485 .8708 8907 .9082 ,9236 .04 .5160 5557 .5948 .6331 .6700 .7054 .7389 7704 .7995 8264 8508 8729 .8925 .9099 .9251 .5199 .5596 .5987 .6368 .6736 .7088 7422 .7734 .8023 8289 .8531 .8749 .8944 9115 .9265 .5239 .5636 .6026 .6406 .6772 .7123 .7454 7764 .8051 .8315 .8554 8770 .8962 .9131 .9279 .5279 .5675 .6064 .6443 .6808 .7157 .7486 7794 .8078 8340 .8577 8790 .8980 9147 .9292 .08 .5319 5714 .6103 16480 .6844 7190 .7517 .7823 .8106 8365 .8599 8810 .8997 9162 9306 5359 5753 .6141 .6517 .6879 .7224 .7549 .7852 .8133 .8389 .8621 8830 .9015 9177 9319 1.1 1.2 1.3 1.4 3 .00 .01 ,02 .03 1.04 0.3 0.8 1.2 1.5 0.0 .5000 .5040 0.1 .5398 .5438 0.2 .5793 .5832 .6179 .6217 0.4 .6554 .6591 0.5 .6915 .6950 0.6 .7257 .7291 0.7 .7580 .7611 .7881 .7910 0.9 .8159 .8186 1.0 .8413 .8438 1.1 .8643 .8665 .8849 .8869 1.3 .9032 .9049 1.4 .9192 .9207 .9332 .9345 1.6 .9452 .9463 1.7 .9554 .9564 1.8 .9641 .9649 9713 .9719 2.0 .9772 .9778 2.1 .9821 .9826 .9861 .9864 2.3 9893 .9896 2.4 .9918 .9920 .9938 .9940 2.6 .9953 .9955 2.7 9965 9966 2.8 .9974 .9975 2.9 9981 9982 3.0 .9987 .9987 3.1 .9990 9991 3.2 .9993 9993 3.3 9995 9995 3.4 .9997 .9997 .5080 .5478 .5871 .6255 6628 15985 .7324 .7642 .7939 .8212 .8461 .8686 .8888 .9066 .9222 .9357 .9474 .9573 .9656 .9726 .9783 .9830 .9868 .9898 .9922 19941 .9956 .9967 .9976 .9982 .9987 .9991 .9994 .9995 .9997 .5120 .5517 .5910 .6293 .6664 .7019 .7357 .7673 .7967 .8238 .8485 .8708 .8907 .9082 .9236 9370 .9484 .9582 .9664 .9732 .9788 .9834 9871 9901 .9925 .9943 .9957 9968 .9977 .9983 .9988 .9991 .9994 9996 .9997 .5160 .5557 .5948 .6331 .6700 .7054 .7389 .7704 .7995 .8264 .8508 .8729 .8925 .9099 .9251 .9382 .9495 .9591 .9671 .9738 .9793 .9838 .9875 9904 .9927 .9945 .9959 .9969 .9977 .9984 .9988 9992 9994 .9996 .9997 ,05 .06 .07 .08 .09 .5199 .5239 .5279 .5319 .5359 .5596 .5636 .5675 -5714 5753 .5987 .6026 .6064 .6103 .6141 .6368 .6406 .6443 .6480 .6517 .6736 .6772 .6808 .6844 .6879 .7088 7123 .7157 .7190 .7224 .7422 .7454 .7486 .7517 .7549 .7734 .7764 .7794 .7823 7852 .8023 .8051 .8078 .8106 .8133 .8289 .8315 .8340 .8365 .8389 .8531 .8554 .8577 .8599 .8621 .8749 .8770 .8790 .8810 .8830 .8944 .8962 .8980 .8997 .9015 .9115 .9131 .9147 .9162 .9177 .9265 .9279 .9292 .9306 .9319 .9394 .9406 .9418 .9429 .9441 .9505 9515 .9525 9535 .9545 .9599 .9608 .9616 .9625 .9633 .9678 .9686 9693 .9699 .9706 .9744 .9750 .9756 .9761 9767 .9798 .9803 .9808 .9812 .9817 .9842 .9846 .9850 9854 9857 .9878 9881 .9894 9887 .9890 .9906 .9909 .9911 .9913 9916 .9929 .9931 .9932 .9934 .9936 .9946 .9948 .9949 .9951 .9952 .9960 .9961 .9962 .9963 .9964 .9970 .9971 -9972 .9973 .9974 .9978 .9979 9979 9980 .9981 .9984 .9985 9985 9986 9986 .9989 .9989 9989 .9990 9990 .9992 9992 .9992 .9993 9993 .9994 .9994 9995 9995 .9995 .9996 9996 9996 9996 9997 .9997 9997 .9997 .9997 9998 1.9 2.2 25 Question 8 3 pts PetSmart operates 48 weeks per year and uses a continuous review inventory system. It purchased dry dog food for $16 per bag. The following information is available about these bags. Refer to the standard normal table at bottom of this page. Average demand = 94 bags/week Order cost = $40/order Annual holding cost = 25 percent of the unit cost Desired cycle-service level=90 percent Lead time = 1 week constant Standard deviation of weekly demand = 16 bags Current on-hand inventory is 300 bags, with no open orders or backorders. What is the EOQ? (Enter your response rounded to the nearest whole number.) Question 9 3 pts PetSmart operates 48 weeks per year and uses a continuous review inventory system. It purchases dry dog food for $16 per bag. The following information is available about these bags. Refer to the standard normal table at bottom of this page. Average demand = 94 bags/week Order cost = $40/order Annual holding cost = 25 percent of the unit cost Desired cycle-service level=90 percent Lead time - 1 week constant Standard deviation of weekly demand = 16 bags Current on-hand inventory is 300 bags, with no open orders or backorders. What is the total annual cycle inventory cost when the EOQ is used? dollars (Enter your response rounded to two decimal places.)

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