Question: help with operation management homework Question 9 18 pts The rising popularity of bubble and squeak as a breakfast item on the menu of a

help with operation management homework

help with operation management homework Question

Question 9 18 pts The rising popularity of bubble and squeak as a breakfast item on the menu of a diner has resulted in a steady demand for peas. Over the course of the past week, 457 patrons have ordered the hearty breakfast and each serving contains a half cup of English peas. It costs the diner four cents to hold a cup of peas in inventory for a year (52 weeks) and $3 to place an order. 1. What is the optimal order quantity of English peas in cups? (5 points) 2. What is the annual cost of the inventory policy (excluding cost of goods) if the diner orders at the economic order quantity? (4 points) 3. What is the average flow time of a half cup of peas if the diner orders at the economic order quantity? (4 points) 4. The diner orders at the economic order quantity but an analysis of dates on the cans of peas revealed that the flow time was actually 5 weeks. A quick check revealed that the computer had automatically adjusted the economic order quantity as demand had changed during the past few months. What is the new weekly demand for English peas? (5 points) B. 1 U AA, IES XX, 3. VCT h2pt Paragraph

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