Question: Hi , please answer with steps Case Study 4 (20 marks) The operations manager at Bokomo Foods, situated in Cape Town, manages a warehouse where

Hi , please answer with steps

Case Study 4 (20 marks) The operations manager at Bokomo Foods, situated in Cape Town, manages a warehouse where the breakfast cereal Weet-Bix is stored. The inventory has the following characteristics: Demand: 200 cases per day Lead time: 4 days Daily demand: 150 cases Service level desired: 96 per cent Carrying costs: 20 per cent The unit cost: R10 per case The cost for placing an order is R20 The following assumptions will be made: a. A continuous review system b. The warehouse is open 5 days a week c. Average demand is 50 000 cases per year Question 1 1.1. Calculate the Economic Order Quantity. (15 marks)

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