Question: eBook Problem 14-1 (Algorithmic) Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3700 cases.

eBook Problem 14-1 (Algorithmic) Suppose that the

eBook Problem 14-1 (Algorithmic) Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3700 cases. A case of the soft drink costs R&B $3. Ordering costs are $24 per order and holding costs are 26% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: a. Economic order quantity. If required, round your answer to two decimal places. Q* = x b. Reorder point. c. Cycle time. If required, round your answer to two decimal places. T= x days d. Total annual cost. If required, round your answer to two decimal places. TC = x Feedback Check My Work Incorrect

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