Question: Manpreet Kaur: Attempt 1 Question 15 (1 point) Jack, the owner of Jack's warehouse, decides to establish an EOQ for an item. The annual demand

annual demand is 4,000 units and each unit costs S10. The ordering

Manpreet Kaur: Attempt 1 Question 15 (1 point) Jack, the owner of Jack's warehouse, decides to establish an EOQ for an item. The annual demand is 4,000 units and each unit costs S10. The ordering costs are $35 per order and inventory carrying costs are 25%. Calculate an estimate for the following. Choose the best approximate answer -rounding may be required. 2: The annual total cost is approximately 837 975 400 . 925 649 : Thomas' Distribution stocks a high volume item that has a normally distributed demand during the reorder period. The average daily demand is 70 units, the lead time is 4 days, and the standard deviation of demand during the reorder period is 15. How much safety stock provides a 95% service level to Thomas? What should the reorder point be? SOCO Service Factor 00.00 0013 Service Leve 20.00% 91. 92.00 012 0134 01.41 01.41 01.55 OON O164 017 55.00 HODON 65.00 70.00 75.00 BOOOM 31 OON 200 BOON BOON 55.00 16.00 7.OON MOON RSOON 00019 0052 00.67 00B DOB 0092 DOS 0049 01.04 01.88 02.05 95.00 ON 97.00 9.OON 99.00 99. SON 9.ON 99.701 99 RON 99.90 99.99 01 OR OLI 01 17 013 0258 02.65 02.75 02.88 02.09 03.72 Thomas' Distribution stocks a high volume item that has a normally distributed demand during the reorder period. The average daily demand is 70 units, the lead time is 4 days, and the standard deviation of demand during the reorder period is 15. How much safety stock provides a 95% service level to Thomas? What should the reorder point be? SOCO Service Factor 00.00 0013 Service Leve 20.00% 91. 92.00 012 0134 01.41 01.41 01.55 OON O164 017 55.00 HODON 65.00 70.00 75.00 BOOOM 31 OON 200 BOON BOON 55.00 16.00 7.OON MOON RSOON 00019 0052 00.67 00B DOB 0092 DOS 0049 01.04 01.88 02.05 95.00 ON 97.00 9.OON 99.00 99. SON 9.ON 99.701 99 RON 99.90 99.99 01 OR OLI 01 17 013 0258 02.65 02.75 02.88 02.09 03.72

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