Question: I am stuck here could use help! thank you! Question 3. ( 20 points) At an online book retailer, demand is constant at 32,000 books

I am stuck here could use help! thank you!

Question 3. ( 20 points) At an online book retailer, demand is constant at 32,000 books per year. The cost of placing an order to replenish stock is $10, and the annual cost of holding is $4 per book. Stock is received 3 working days after an order has been placed. Assume 300 working days a year. 1) What is the retailer's optimum order quantity? (5 points) 2) What is the optimum time interval in working days between orders? ( 5 points) 3) What is expected demand during the lead time? (5 points) 4) What is the annual ordering cost at your EOQ? (5 points) EOQ=H225=423800010=400books 2) Optimal \# of das between orders Optimal \# of oders =33000/400=80 orders =300/80=3.75or4da/sDailydemand=30032000=106.67 3) Expected demand during leed time Daily demand. Lead time =106.673=320.01 or 320 books 4) TC=DC+QDS+2HQ

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