Question: If average demand for an item is 20 units per day, safety stock is 50 units, and lead time is four days, the reorder point

If average demand for an item is 20 units per

If average demand for an item is 20 units per day, safety stock is 50 units, and lead time is four days, the reorder point (R) will be: 20 50 70 80 130 Question 6 1 pts An appliance repair shop buys and uses about 50 fan motors annually. Annual holding cost is $10 per motor, and ordering cost is $10 per order. Determine the economic order quantity. 10 25 30 100 None of the above Question 7 1 pts In the EOQ model, if the order quantity is 88 units and the annual demand is 1,448 units, what will be the number of orders placed per year? Answer with one decimal place

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