Question: NEED ASAP THE SECOND PIC IS MORE CLEAR in 2 (10 pain is 2. down the Cur TN palan Agricola is you thae) - astoretals
NEED ASAP
THE SECOND PIC IS MORE CLEAR
in 2 (10 pain is 2. down the Cur TN palan Agricola is you thae) - astoretals het Section 2 (100 points) Foe section 2, please answer the following questions and show all your works. There is no credit for just write down the answer Case 1 (50 points) A gourmet coffee shop in downtown Raleigh is open 200 days a year and sells an average of 75 pounds of Kona coffee beans a day (Demand can be assumed to be distributed normally with a standard deviation of 45 pounds during a lead time). After ordering, beans are always shipped from Hawaii within exactly 4 days, and it costs $16.00 to place an order. Per-pound holding costs for the beans are $3. 1. Given the above information, what would be the economic order quantity (EOC) for Kuna beans? 2. Given the EOQ. what would be the average inventory for Kona beans? 3. Given the EOQ. how many orders would be made each year? 4. Assume that management has specified that no more than a 1% risk during stockout is acceptable. What should the ROP be
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