Question: answer each question with correct answers 5. Ordering Eggs. a. Economic Order Quantity Computation. Compute the Economic Order Quantity Q* for eggs. b. Safety Stock
answer each question with correct answers

5. Ordering Eggs. a. Economic Order Quantity Computation. Compute the Economic Order Quantity Q* for eggs. b. Safety Stock Computation. Compute the safety stock of eggs it would take to assure a 99.87% service level. c. Reorder Point Computation. Compute the Reorder Point for eggs, using the safety stock that you calculated in 5b. d. Days of Supply expression of ROP. We could express the Reorder Point rule from part 5c this way: "Order more eggs when the supply is X days." Give an expression for X. e. Average Eggs on Hand. Compute the average daily quantity of eggs on hand, using your answers to parts 5a and 5b. Express also in Days of Supply. f. *Days of Supply CV (challenge question). Suppose that Just Baked reduced its required service level for eggs from the 3-sigma level of 99.87% to the 2-sigma level of 97.7%. Express the average on-hand Days of Supply of eggs in terms of the coefficient of variation of daily demand for eggs CV = o/H
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