1. (Inventory Management) An electronics manufacturer has 36.5 days-of-supply of inventory for a particular cell phone model. Assuming 365 days per year, what are the annual inventory turns of this cell phone model? (25/100)

2. (SCM) Paris Works requires, on average, 2,800 tons of aluminum each week, with a standard deviation of 1,000 tons. The lead time to receive its orders is 8 weeks. The holding cost for one ton of aluminum for one week is $10. It operates with a 97.98% in-stock probability. What would be its average holding cost per week? (25/100)

3. (EOQ) Kims Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 100 kg of palm oil per day, on average. The supplier charges a $50 delivery fee per order (which is independent of the order size) and $5 per kg. Kims annual holding cost percentage is 25%. Assume she operates and sells five days per week, 52 weeks per year.

1. If Kim wants to minimize her annual ordering and inventory holding costs, how much palm oil should she purchase with each order (in kg)? (25/100)

2. Kims supplier is willing to sell her palm oil at a 5 percent discount if she purchases 2,000 kg at a time. If she were to purchase 2,000 kg per order, what would be her annual sum of the ordering and holding costs? (25/100)