Ordering Eggs.

a$.$ Economic Order Quantity Computation. Compute the Economic Order Quantity Q$*$ for eggs.

b$.$ Safety Stock Computation. Compute the safety stock of eggs it would take to assure a

$99\mathrm{.}87\%$ service level.

c$.$ Reorder Point Computation. Compute the Reorder Point for eggs, using the safety stock that

you calculated in $5$b$.$

d$.$ Days of Supply expression of ROP. We could express the Reorder Point rule from part $5$c this

way: $$Order more eggs when the supply is X days.$$ Give an expression for X$.$

e$.$ Average Eggs on Hand. Compute the average daily quantity of eggs on hand, using your

answers to parts $5$a and $5$b$.$ Express also in Days of Supply.

f$.*$Days of Supply CV $($challenge question$).$ Suppose that Just Baked reduced its required

service level for eggs from the $3-$sigma level of $99\mathrm{.}87\%$ to the $2-$sigma level of $97\mathrm{.}7\%.$

Express the average on$-$hand Days of Supply of eggs in terms of the coefficient of variation of

daily demand for eggs CV $=\backslash$sigma $/$