Question: could you please help me solve these problems??? Thanks Larry sells a highly perishable food product to construction workers at 777 Peachtree, a new luxury
could you please help me solve these problems??? Thanks






Larry sells a highly perishable food product to construction workers at 777 Peachtree, a new luxury high rise under-construction in mid-town Atlanta. The product costs Larry $4.50 wholesale and he sells the product for $12.00 to his construction worker clientele. Ignore sales tax, Larry doesn't pay it anyway. When Larry runs out of product, he simply takes orders from his remaining customers, walks to the Varsity Drive In, and buys the exact amount of product needed to fill the orders. Larry charges each customer exactly $1.50 more per product than his costs, which will be variable based on the exact food orders placed by the individual workers. Larry only provides this "courier" service if he runs out of his own product and performs the service to maintain goodwill with his customers. If Larry instead of being under (on his own product), is over, he has to discard the unsold product. Larry believes that his demand follows a normal distribution with a mean of 175 and a standard deviation of 18. Considering this information, what is Larry's optimum service level? Select the closest answer.Table of Standard Normal Probabilities for Negative Z-scores 0.00 0.01 0.02 0.03 0.01 0.05 0.06 0.07 0.03 0.09 0,0003 0,0003 070903 0.0003 070003 0.0003 0.0003 0,0003 0,0003 0.0002 -3.3 0,000 10.000# 0.0004 010003 -3.2 O.O007 0.0007 0.0806 10.0006 10/0005 0.0005 0.0007 -3.1 0.0010 0.0009 0.0809 0.0009 D.OCOS -4.0 0,0013 0.0013 0.0913 0.0012 0.0012 0.001 1 0/001 1 0,0010 0.0010 -2.9 0.0014 0,0019 0,0018 0.0018 0.0017 0.0016 DJ0016 0.0015 0/0015 0/0014 -2.8 0,0026 0,0025 0.0024 0.0023 070023 0 0022 0:0021 0,0021 0/0030 0.0019 -2.7 0,0045 0,0014 0.0043 0.0032 0.0031 010029 0.00136 -2.6 0,0047 0,0045 0.0043 10040 0.0039 0,0038 0.0037 0.0036 -2.5 0.0057 0:0052 0.0048 -2.4 0,0082 0.0978 0.0975 D.0973 0.0071 0.0069 0.0066 0.0064 -2.3 0.0107 0,0104 0.0102 0.0099 0.0096 0:0091 0.0089 0,008-4 -2.2 0.0139 0,0136 0.0132 0.0129 0.0125 0.0122 0.0119 0,01 16 0:0113 0.01 10 -2.1 0.0179 0.0174 0.0170 0.0166 0.0162 DOI58 0.0154 0.0150 0.0145 0.0143 -2.0 0,0228 0,02 22 070217 0.0212 0.0307 010302 0.0190 0.0192 0.0183 -1.9 0.0287 0.0281 0.0274 0.0268 0.0362 D.0256 0.0250 0.0244 0.0719 0.0233 -1.8 0,0359 0,0351 0.0344 0.0336 0.0329 0.0322 0.0314 0,0307 0.0294 -1.7 0.0446 0,0436 0.0427 0.0418 0.0409 0:0392 0/0384 0.0475 0.0367 -1.6 0.0548 0,0537 0.05.26 0.0516 0.0505 0.0495 0,0475 0.0465 0.0453 -1.5 0.0668 0.0653 0.0643 0.0630 DOSIB 0.0594 0.0859 0.0808 0.0793 0.0778 0.0764 0.0749 0.0735 0.0721 0,0708 0.0604 -1.3 0,0951 0.0934 0.0918 D.0901 DOERS 0.0869 0/0853 0.08:23 -1.2 0.1 151 0,1131 0.1112 0.1093 0.1075 0.1056 0.1038 0.1030 0.1003 0.0985 -1.1 0.1357 0,1335 0.1314 0.1292 0.1271 0.1251 0.1230 0.1210 0.1 190 0,1170 0,1587 0.1562 0.1539 0.1515 0.1492 0.1469 0.1446 0.1423 0.1401 0.1379 -0.9 0.1841 0.1814 0.1783 10.1762 0.1736 0.1711 0.1685 0.1660 0.1635 0.1611 -0.8 0.2119 0.2090 0.2061 0.2033 0.2005 0.1977 0.1949 0.1922 0.1894 0.1867 0.2420 0.2358 0.2266 0.2236 0.2148 -0.7 0.2389 0.2327 0.2296 0.2306 0.2177 -0.6 0.2743 0.2709 0.2676 0.2643 0.2611 0.2578 0.2546 0.2514 0.2483 0.3451 0.3085 0.3050 0.3015 0.2981 0.2946 0.2912 0.2877 0.2843 0.2810 0.2776 -0.5 -04 0.3446 0.3409 0.3372 0.3336 0.3300 0.3264 0.3228 0.3192 03156 0.3121 -0.4 0.3921 0.3783 0.3745 0.3707 0.3569 0 3632 0.3594 0.3557 0.3520 0.3483 -0.2 0.4207 0.4168 0.4129 0.4090 0.4052 0.4013 0.3974 0.3936 0.3897 0.3859 -0.1 0.4602 0.4562 0.4522 0.4-183 0.4443 0.4404 0.4364 0.4325 0.4286 0.4247 -0.0 0.5000 0.4960 0.4920 0.4880 0.4840 0.4801 0.4761 0.4721 0.4681 0.4641 Table of Standard Normal Probabilities for Positive Z-scores TOJOT 0707 0-5040 0.5120 05160 0.5279 05319 05359 0.0 0.1 0.5438 05478 0.5517 05557 0.5546 05636 0.5675 05714 0.5753 02 05793 0.5832 0.5910 10.5947 06103 03 0.6179 0.6217 016255 0.6294 06131 0.6368 06406 1076-443 06517 0.4 0.6554 0.6591 0.6664 0.6700 0.6736 06772 06844 0.6879 05 06915 0,6950 0 6985 0,7019 0.7054 0. 70H8 0.7123 0.7157 0.7190 0.7224 0.7257 0.7291 0.7357 0.7139 0.7432 0.7454 0.7486 0.7517 0.7549 0.6 0.7134 0.7 0.7580 0.7611 0.76-42 0.7673 0.7704 0.7734 0.7764 0.7794 0.7852 0.8 0.7981 0.7910 0.7939 0.7967 0.7995 0.8023 0.8078 0.8106 0.8133 0.9 0.#159 0.8212 08364 D.8 289 0.8315 D.8340 0.8.349 0.8413 0.8438 0.8531 D.8577 0.8909 0.8621 0.8613 0.8665 0.8708 0.8749 12 0.8809 078907 0.8944 0.8980 0.9015 0.9032 0.9065 0.9082 0797 15 09131 0.9147 09162 0.9177 1.4 09192 0,9207 09222 0.9236 0.9251 0.9265 0.9279 0.9292 0:9306 0.9319 1.5 09332 0.93-45 09357 0.9370 09182 0.9441 1.6 0.9452 0.9464 0.9474 0.9484 0.9495 0.9515 019825 0.9535 0.9345 1.7 0.9554 0.9564 0.9573 0.9582 0.9591 019509 0.9516 0.9625 0.4613 0.9641 0.06-49 0.9656 0.0664 0.9571 0.9678 0.9586 0.9699 0.9706 1.9 09713 0.9719 0.9726 0.9732 09738 0.9744 0.9750 0.9756 0.9761 0.9767 20 0.9172 0.9778 0.9783 0.9788 0.9793 0.9812 0.9817 21 0.9321 0.986 0.9834 0.9838 0.4842 0.4350 0.9854 0.9857 22 0.9861 0,9864 0,9871 0.9575 0.9890 23 0.9093 0.9896 09890 0.9901 09904 0.9406 0.9971 0.9913 0.9916 24 09918 09922 09931 0.9934 0.9936 25 0.9938 0.9040 0.901 0.9046 0 9951 0.9957 26 0.9953 0 9956 019057 09059 0 9961 0:9053 0.996-4 27 0.9965 0.9966 0.9957 019968 0.9959 0.9970 0.9971 0.9972 0.9973 0.9974 28 019973 0.9976 019907 0.9977 19978 0.9979 09909 0.9980 0.9981 0.9974 29 0.9981 09952 0.9986 30 0.9987 0 9987 0.9088 099 5 0.9959 0.9090 0.9990 3.1 0.9990 0.9991 0.9991 0.9991 09992 09092 0.9092 0.9993 0.9993 12 0.9093 0.9094 0.9094 0.9495 3.3 0 9995 09905 0.9497 09995 0.9007 0.9947 0,9097 0.9097 0.9097O 37% O 43% O 53% O 55% O 57%Continuing with Larry and the data presented in the previous question, what should be Larry's initial daily order quantity?O 175 O 179 O 187 O 196 O 207Consider the following data regarding the Fiske Spinner, a rotary device used in the production of the ABS Brake Assembly. Product Cost $34.75 Holding Cost 10% of Product Cost Order Cost $375/order Safety Stock 100 units Monthly Demand 2,500 units (assume that demand remains constant throughout the year) What is the total annual inventory cost (including product costs) of the Fiske Spinner? In determining the number of orders per year round up to the nearest whole order and consider all costs associated the spinner inventory. This Problem Counts 3 Points O $56,625 O $86.875 O $1,042,500 O $1,051,768 $1,099,125
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