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1. A printing company estimates that it will require 4,500 reams of a certain type of paper in a year. Per unit price is 12 dollars. The annual cost of carrying one unit in inventory is 0.6 dollars. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of 21 dollars per trip. Assume 200 working days per year and the lead time for orders is 5 working days.

2. a) [2 points] The optimum number of reams to buy at one time is [blank] (Round your solution to the nearest integer)

3. b) [2 points] [blank] times should lots of this size be bought during a year. (Round your solution to two decimal places if needed)

4. c) [3 points] The reorder point (ROP) is [blank] units. (Round your solution to the nearest integer)

5. Now assume that the company decided to produce the papers on its own at a rate of 65 reams of paper per day. They still need 4,500 reams of paper in a year. The setup cost for the production system is 55 dollars. Assume 200 working days per year. Per unit price is 12 dollars. The annual cost of carrying one unit in inventory is 0.6 dollars.

6. d) [2 points] The optimal production quantity is [blank] units. (Round your solution to the nearest integer)

7. e) [2 points] The maximum inventory level is [blank] units. (Round your solution to two decimal places if needed)

8. f) [2 points] The percentage of time in a year that the facility will be producing components is [blank]% (Round your solution to two decimal places if needed)

9. g) [3 points] The annual cost of holding inventory is [blank] dollars. (Round your solution to two decimal places if needed

A printing company estimates that it will require 4,500 reams of a certain type of paper in a year. Per unit price is 12 dollars. The annual cost of carrying one Unit in inventory is 0.6 dollars. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of 1 dollars per trip. Assume 200 working days per year and the lead time for orders is 5 working days. ) [2 points) The optimum number of reams to buy at one time is Number (Round your solution to the nearest integer) ) (2 points) Number times should lots of this size be bought during a year. (Round your solution to two decimal places if needed) }) [3 points) The reorder point (ROP) is Number units. (Round your solution to the nearest integer) Now assume that the company decided to produce the papers on its own at a rate of 65 reams of paper per day. They still need 4,500 reams of paper in a year. The setup cost for the production system is 55 dollars. Assume 200 working days per year. Per unit price is 12 dollars. The annual cost of carryira one Unit in inventory is 0.6 dollars. ) [2 points] The optimal production quantity is Number units. (Round your solution to the nearest integer) p) (2 points] The maximum inventory level is Number units. (Round your solution to two decimal places if needed) the facility be producing components is Number %. (Round your solution to two decimal places if [2 points) The percentage of time in a year heeded) b) [3 points) The annual cost of holding inventory is Number dollars. (Round your solution to two decimal places if needed)