Question: 9 . [ 1 5 points ] A kitchen supply store stocks a popular coffee grinder. Annual demand is 6 , 0 0 0 units,
points A kitchen supply store stocks a popular coffee grinder. Annual demand is units, the ordering cost is $ and the inventory holding cost is of the $ purchase price.
a points What is the economic order quantity?
b points What is the total annual cost for this inventory item?
c points If the average daily demand is units with a standard deviation of units per day, and the lead time is three days, what safety stock provides a service level?
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