Question: HW Ch 12: Inventory Management i Saved 8 Problem 12-28a-b 1 points Regional Supermarket is open 360 days per year. Daily use of cash register

HW Ch 12: Inventory Management i Saved 8 Problem

HW Ch 12: Inventory Management i Saved 8 Problem 12-28a-b 1 points Regional Supermarket is open 360 days per year. Daily use of cash register tape averages 10 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering tape is $1, and carrying costs are 40 cents per roll a year. Lead time is three days. Use Tablet and Table2. a. What is the EOQ? (Do not round intermediate calculations. Round your final answer to the nearest whole number.) eBook EOQ rolls Print los References b. What ROP will provide a lead time service level of 96 percent? (Do not round intermediate calculations. Round your final answer to the nearest whole number.) ROP rolls

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!