Question: 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

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.

Question 13 (8 points)

Refer to the information

What ROP will provide a fill rate of 98%?

Question 13 options:

35 rolls

35.096 rolls

32 rolls

32.08 rolls

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