ANSWER ALL PARTS

Question 11 (2 points) 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? 10.34 rolls 5 rolls 93.54 rolls 94 rolls Question 12 (5 points) Refer to the information in Q11. What ROP will provide a lead time service level of 96%? 47 rolls 37 rolls 37.08 rolls Question 13 (8 points) Refer to the information in Q11. What ROP will provide a fill rate of 98%? O 35 rolls 35.096 rolls 32 rolls 32.08 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? 0.1568 rolls 0.064 rolls 0.089 rolls 0.2569 rolls