Question: Data Table Sam's Pet Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter

 Data Table Sam's Pet Hotel operates 52 weeks per year, 7

days per week, and uses a continuous review inventory system. It purchaseskitty litter for $11.00 per bag. The following information is available about

Data Table Sam's Pet Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.00 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. > Demand =80 bags/week > Order cost =$57/ order > Annual holding cost =30 percent of cost > Desired cycle-service level =90 percent > Lead time =2 week(s) (14 working days) > Standard deviation of weekly demand =16 bags > Current on-hand inventory is 310 bags, with no open orders or backorders. a. What is the EOQ? Sam's optimal order quantity is bags. (Enter your response rounded to the nearest whole number.) What would be the average time between orders (in weeks)? The average time between orders is weeks. (Enter your response rounded to one decimal place.) b. What should R be? The reorder point is bags. (Enter your response rounded to the nearest whole number.) \begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|} \hline 1.3 & 0.9032 & 0.9049 & 0.9066 & 0.9082 & 0.9099 & 0.9115 & 0.9131 & 0.9147 & 0.9162 & 0.9177 \\ \hline 1.4 & 0.9192 & 0.9207 & 0.9222 & 0.9236 & 0.9251 & 0.9265 & 0.9279 & 0.9292 & 0.9306 & 0.9319 \\ \hline 1.5 & 0.9332 & 0.9345 & 0.9357 & 0.9370 & 0.9382 & 0.9394 & 0.9406 & 0.9418 & 0.9430 & 0.9441 \\ \hline 1.6 & 0.9452 & 0.9463 & 0.9474 & 0.9485 & 0.9495 & 0.9505 & 0.9515 & 0.9525 & 0.9535 & 0.9545 \\ \hline 1.7 & 0.9554 & 0.9564 & 0.9573 & 0.9582 & 0.9591 & 0.9599 & 0.9608 & 0.9616 & 0.9625 & 0.9633 \\ \hline 1.8 & 0.9641 & 0.9649 & 0.9656 & 0.9664 & 0.9671 & 0.9678 & 0.9686 & 0.9693 & 0.9700 & 0.9706 \\ \hline 1.9 & 0.9713 & 0.9719 & 0.9726 & 0.9732 & 0.9738 & 0.9744 & 0.9750 & 0.9756 & 0.9762 & 0.9767 \\ \hline 2.0 & 0.9773 & 0.9778 & 0.9783 & 0.9788 & 0.9793 & 0.9798 & 0.9803 & 0.9808 & 0.9812 & 0.9817 \\ \hline 2.1 & 0.9821 & 0.9826 & 0.9830 & 0.9834 & 0.9838 & 0.9842 & 0.9846 & 0.9850 & 0.9854 & 0.9857 \\ \hline 2.2 & 0.9861 & 0.9865 & 0.9868 & 0.9871 & 0.9875 & 0.9878 & 0.9881 & 0.9884 & 0.9887 & 0.9890 \\ \hline 2.3 & 0.9893 & 0.9896 & 0.9898 & 0.9901 & 0.9904 & 0.9906 & 0.9909 & 0.9911 & 0.9913 & 0.9916 \\ \hline 2.4 & 0.9918 & 0.9920 & 0.9922 & 0.9925 & 0.9927 & 0.9929 & 0.9931 & 0.9932 & 0.9934 & 0.9936 \\ \hline 2.5 & 0.9938 & 0.9940 & 0.9941 & 0.9943 & 0.9945 & 0.9946 & 0.9948 & 0.9949 & 0.9951 & 0.9952 \\ \hline 2.6 & 0.9953 & 0.9955 & 0.9956 & 0.9957 & 0.9959 & 0.9960 & 0.9961 & 0.9962 & 0.9963 & 0.9964 \\ \hline 2.7 & 0.9965 & 0.9966 & 0.9967 & 0.9968 & 0.9969 & 0.9970 & 0.9971 & 0.9972 & 0.9973 & 0.9974 \\ \hline 2.8 & 0.9974 & 0.9975 & 0.9976 & 0.9977 & 0.9977 & 0.9978 & 0.9979 & 0.9980 & 0.9980 & 0.9981 \\ \hline 2.9 & 0.9981 & 0.9982 & 0.9983 & 0.9983 & 0.9984 & 0.9984 & 0.9985 & 0.9985 & 0.9986 & 0.9986 \\ \hline 3.0 & 0.9987 & 0.9987 & 0.9987 & 0.9988 & 0.9988 & 0.9989 & 0.9989 & 0.9989 & 0.9990 & 0.9990 \\ \hline 3.1 & 0.9990 & 0.9991 & 0.9991 & 0.9991 & 0.9992 & 0.9992 & 0.9992 & 0.9992 & 0.9993 & 0.9993 \\ \hline 3.2 & 0.9993 & 0.9993 & 0.9994 & 0.9994 & 0.9994 & 0.9994 & 0.9994 & 0.9995 & 0.9995 & 0.9995 \\ \hline 3.3 & 0.9995 & 0.9995 & 0.9995 & 0.9995 & 0.9996 & 0.9996 & 0.9996 & 0.9996 & 0.9996 & 0.9997 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!