Question: Optimal order size is 448 NOT 447, please complete 21 and 22 using 448 Question 20 5/5 pts Mr. X is considering starting a new

Optimal order size is 448 NOT 447, please complete 21 and 22 using 448

Question 20 5/5 pts Mr. X is considering starting a new business of selling hoodies with UNCW-logo. The annual i demand is 1000. Assume that demand is perfectly steady throughout time. Mr. X can purchase the hoodies from supplier Mr. Y for a price of $40 per hoodie and a $2000 fixed cost for every order placed independent of the order size. The annual holding cost for each hoodie is 50% of its wholesale price. What is the optimal order size? (Round up, Integer Answer, do not put anything other than numbers.) 448 Incorrect Question 21 0 / 4 pts Following the previous question, If the lead time is 1 week, what is the reorder point, assuming there are 50 weeks per year? (Integer Answer, do not put anything other than numbers.) 1,000 Incorrect Question 22 0/4 pts Using you answer for Mr. X's optimal order size (in integer) and assuming zero lead time, what is Mr. X's fixed cost of placing orders per year? (Round to nearest Integer, do not put anything other than numbers.) 446.29

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