Question: please answer 2 questions QUESTION 9 lan sells 500 packs of chocolate per week at $80 per pack. The chocolate is ordered from a supplier

please answer 2 questions

QUESTION 9 lan sells 500 packs of chocolate per week at $80 per pack. The chocolate is ordered from a supplier who charges lan $50 per order and $40 per pack. Ian's annual holding cost percentage is 30%. Assume lan operates 50 weeks a year. What is the economic order quantity that minimizes the total ordering and holding cost per year? 323 408 456 316 QUESTION 10 The check-out area of a grocery store has the average customer interarrival time = 2 minutes, the average processing time of each cashier = 6 minutes, and in total 4 cashiers. The average waiting time for each customer is 8 minutes. What is the average number of customers in the system (including waiting and using the service)? 3 4 6

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