Question: A small copy center uses 5 5 0 0 - sheet boxes of copy paper a week. Experience suggests that usage can be well approximated

A small copy center uses 5500-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of 5 boxes per week and a standard deviation of .50 box per week. 2 weeks are required to fill an order for letterhead stationery. Ordering cost is $5, and annual holding cost is 35 cents per box.
Use Table.
0. Determine the economic order quantity, assuming a 52-week year. (Round your answer to the nearest whole number.)
EOQ
boxes
b. If the copy center reorders when the supply on hand is 11 boxes, compute the risk of a stockout. (Round "z" value to 2 decimal places and final answer to 4 decimal places.)
Risk
 A small copy center uses 5500-sheet boxes of copy paper a

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