Question: i just need part b please Problem 14-12 (LO 14-7) The Suregrip Tire Company... The Suregrip Tire Company carries a certain type of tire with

i just need part b please i just need part b please Problem 14-12 (LO 14-7)

Problem 14-12 (LO 14-7) The Suregrip Tire Company... The Suregrip Tire Company carries a certain type of tire with the following characteristics: . Average annual sales = 600 tires Ordering cost = $40 per order Carrying cost = 25 percent per year Item cost = $50 per tire Lead time = 4 days Standard deviation of daily demand = 1 tire a. Calculate the annual turnover as a function of service level. (Round answers to 1 decimal place.) Answer is complete and correct. Turnover Service level 85% 90% 95% 97% 99% 18.1 17.8 17.5 17.3 16.8 b. If sales were to increase by 50 percent, what would happen to the turnover at a 95 percent service level? (Round answer to 1 decimal place.) Answer is complete but not entirely correct. Turnover becomes 17.2 X

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