Question: date Barley Demand Order Cost $ 1 8 per order 1 2 / 1 / 2 0 2 0 3 7 Holding Cost 2 0

date Barley Demand Order Cost $18 per order
12/1/202037 Holding Cost 20% of item value
12/2/202034 Average Lead Time 5 days
12/3/202045 Standard Deviation of Lead Time 0.3 days
12/4/202074 Value of Bag of Barley $11
12/5/202025 Assume 300 Operating Days Per Year
12/6/202024
12/7/202035
12/8/202027
12/9/202037
12/10/202030
12/11/202023
12/12/202033
12/13/202035
12/14/202027
12/15/202036
12/16/202037
12/17/202032
12/18/202038
12/19/202024
12/20/202027
12/21/202036
12/22/202029
12/23/202032
12/24/202031
12/25/202027
12/26/202033
12/27/202028
12/28/202031
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12/31/202041
1/1/202133
1/2/202120
1/3/202133
1/4/202142
1/5/202131
1/6/202125
1/7/202132
1/8/202126
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1/10/202128
1/11/202137
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2/1/202132
2/2/202125
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2/4/202137
2/5/202131
2/6/202133
2/7/202134
2/8/202121
2/9/202133
2/10/202131
2/11/202123
2/12/202133
2/13/202145
2/14/202135
2/15/202125
2/16/202127
2/17/202117
2/18/202126
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2/28/202134 What is the TAIC of using the EOQ as your order quantity?
***Do not round any intermediate calculations. Round the TAIC you find up to the nearest whole number***

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