Hi, I would like to have a step by step solution for question 1 and 2. Thanks.

Me Question 1 The manager of the Quick Stop Corner Convenience Store (which never closes) sells 8 cases of Stein beer each day. Order costs are $8.00 per complete order, and Stein beer costs $0.50 per six-pack (each case of Stein beer contains four six-packs). Orders arrive three days from the time they are Mark 1.00 out of placed. Daily holding costs are equal to 5 percent of the cost of the beer.What is the economic order quantity for Stein beer? Flag Select one: question a. 72 cases b. 31 cases c. 20 cases d. 57 cases e. 40 cases The correct answer is: 72 cases Question 2 The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular "BIG BUCKS" automated teller Complete machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 15,000 bills per month, and that carrying a bill Mark 1.00 out of in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, 1.00 and that order lead time is 12 days. Assuming a 30-day month, at what point should bills be reordered? Flag question Select one: a. 500 bills remaining D b. 7,500 bills remaining O c. 600,000 bills remaining d. 6000 bills remaining e. 15,000 bills remaining The correct answer is: 6000 bills remaining nuaction 3