Question: a) The economic order quantity (EOQ) for Kona coffee beans is pounds (round your response to the nearest whole number). b) The total annual holding

 a) The economic order quantity (EOQ) for Kona coffee beans is

a) The economic order quantity (EOQ) for Kona coffee beans is pounds (round your response to the nearest whole number). b) The total annual holding costs of stock for Kona coffee beans is $ (round your response to the nearest whole number). c) The total annual ordering costs for Kona coffee beans is s (round your response to the nearest whole number). d) Assume that management has specified that no more than a 1% risk during stockout is acceptable. The reorder point (ROP) is pounds (round your response to the nearest cent). e) The safety stock needed to attain a 1% risk of stockout during lead time is pounds (round your response to the nearest cent). f) The annual holding cost of maintaining the level of safety stock needed to support a 1% risk is $ (round your response to the nearest cent). g) If management specified that a 2% risk of stockout during lead time would be acceptable, the safety stock holding costs will More Info

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!