Question: Please don't explain using excel. TB MC Qu. 07-24 HighLife Corporation has the following... HighLife Corporation has the following information: Average demand = 30 units

Please don't explain using excel. TB MC Qu. 07-24Please don't explain using excel.

TB MC Qu. 07-24 HighLife Corporation has the following... HighLife Corporation has the following information: Average demand = 30 units per day Average lead time = 40 days Item unit cost = $45 for orders of less than 400 units Item unit cost = $40 for orders of 400 units or more Ordering cost = $50 Inventory carrying cost = 15 percent The business year is 300 days. Standard deviation of demand during lead time = 90 Desired service level = 95 percent What is the TAC at $40/unit? (Pick the number closest to the correct answer.)

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