Question: 5 points Save Answer EOQ: The average montly demand for a Cheapest Bike brand bike at Walmart Moreno Valley store is 120 units with a

5 points Save Answer "EOQ: The average montly
5 points Save Answer "EOQ: The average montly demand for a Cheapest Bike brand bike at Walmart Moreno Valley store is 120 units with a standard deviation of 30. The store incurs a fixed ordering cost of $200 every time an order is placed. Each bike costs $20 and the store has a annual holding cost that is 10% of the procurement cost. Find the number of bikes that the store should order in each replenishment? Assume that the store is open 12 months in a year. (Do not round your intermediate calculations. Round your final answers to the nearest whole number. Only enter the number. Do not enter any units)

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