Question: Moving to the next question prevents changes to this answer. Questions Question 5 4 points The annual demand for a plastic binder clip at the

Moving to the next question prevents changes to this answer. Questions Question 5 4 points The annual demand for a plastic binder clip at the ISYE Bookstore is normally distributed with mean 1,000 and standard deviation 250. The dips were purchased on company in Michigan and require a 2 month lead-time to receive an order. The ISYE Bookstore pays 6 cents per clip and estimates that the setup cost is 120 per order. The ISYE manager uses a 22% annual interest rate to compute holding costs. The cost of a stock out is estimated to be 34 cents per clip The SY manage would like to find out the answers of the optimal values of Q and based on the 10. R) model What is the optimal value of Q? Select the closest answer: a. 1600 b. 1700 C..1900 d. 1800 Moving to the next Question prevents changes to this

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