Question: Case problems 1. Find the Economic Order Quantity (EOQ) for the item with 'A' classification. Annual demand is the same as 'Annual volume'. Ordering costs

Case problems 1. Find the Economic Order Quantity (EOQ) for the item with 'A' classification. Annual demand is the same as 'Annual volume'. Ordering costs are $ 25 per order, and holding costs represent 25 % of the unit cost. Present your results in rounded units. For item # 1, the company uses the continuous review system with a service level of 95 %. The lead time for this item is 10 days. Volume consumption follows a normal distribution with a standard deviation of 4 units/day. The manufacturer works 250 days per year. 2. What is the safety stock (Ss) level in units for item # 1? 3. What is the reorder point level (in units) for item # 1

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