*********ANSWER ONLY 13 AND 14 PLEASE*******

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:

	10.34 rolls
	5 rolls
	93.54 rolls
	94 rolls

Question 12 (5 points)

Saved

Refer to the information in Q11.

What ROP will provide a lead time service level of 96%?

Question 12 options:

	47 rolls
	37 rolls
	37.08 rolls

Question 13 (8 points)

Saved

Refer to the information in Q11.

What ROP will provide a fill rate of 98%?

Question 13 options:

	35 rolls
	35.096 rolls
	32 rolls
	32.08 rolls

Question 14 (3 points)

Saved

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:

	0.1568 rolls
	0.064 rolls
	0.089 rolls
	0.2569 rolls