help for 29

Question 27 (2 points) Tires R Us orders 1,000 of their Snow Gripper tires at a time. Daily demand is 200 tires per day. The cost of placing an order to replenish stock is $50, and the annual cost of holding is $8 per tire. Each tire costs Tires R US $55 and they retail them for $95. Stock is received 3 working days after an order has been placed. No backorders are allowed. Assume 300 working days per year. The desired service level is 90%. What is the holding cost? Answer to 2 decimal places. Your Answer: Your Answer Question 28 (2 points) Tires R Us orders 1,000 of their Snow Gripper tires at a time. Daily demand is 200 tires per day. The cost of placing an order to replenish stock is $50, and the annual cost of holding is $8 per tire. Each tire costs Tires R US $55 and they retail them for $95. Stock is received 4 working days after an order has been placed. No backorders are allowed. Assume 300 working days per year. The desired service level is 90%. What is the setup cost? Answer to 2 decimal places. Your Answer: Your Answer Question 29 (3 points) For the parameters in the previous two questions, is the optimal order quantity for the Snow Grippers ... O Higher than 1,000 O Lower than 1,000 Exactly 1,000 O Not enough information to determine