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home study business operations management operations management questions and answers problem a small copy center uses five sheet boxes of copy paper a week. experience Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: Problem A small copy center uses five sheet boxes of copy paper a week. Experience Problem A small copy center uses five sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five boxes per week and a standard deviation of onehalf box per week. Three weeks are required to fill an order for letterhead stationery. Ordering cost is $ and annual holding cost is cents per box. Use Table. a Determine the economic order quantity, assuming a week year. Round your answer to the nearest whole number. EOQ boxes b If the copy center reorders when the supply on hand is boxes, compute the risk of a stockout. Round z value to decimal places and final answer to decimal places. Risk c If a fixed interval of seven weeks is used for ordering instead of an ROP, how many boxes should be ordered if there are currently boxes on hand, and an acceptable stockout risk for the order cycle is Round z value to decimal places and final answer to the nearest whole number. Q
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