Question: A store in St . John's is open 3 5 0 days per year. Daily use of cash register tape is random and the average

A store in St. John's is open 350 days per year. Daily use of cash register tape is random and the average usage per day is 5 rolls. Usage appears normally distributed with a standard deviation of 4 rolls per day. The fixed cost of ordering tape is $5 per order and carrying costs are $2 per roll a year. The Lead time duration for each order is a constant and it is 6 days.
What is the EOQ quantity for each order?
Question 11 options:
85.04 rolls
85 rolls
93.54 rolls
94 rolls
Question 12(4 points)
Saved
Refer to the information in Q11.
What ROP will provide a fill rate of 98%?
Question 12 options:
35 rolls
35.096 rolls
32 rolls
32.08 rolls
Question 13(3 points)
Saved
Refer to the information in Q11.
What ROP will provide a lead time service level of 96%?
Question 13 options:
47.25 rolls
47 rolls
37 rolls
37.04 rolls
Question 14(3 points)
Refer to the information in Q11.
What is the expected number of units short per cycle with a 96% lead time service level?
Question 14 options:
0.064 rolls
0.1568 rolls
0.089 rolls
0.2569 rolls
47.25 rolls
47 rolls
37 rolls
37.04 rolls

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