Question: Please find b and explain how you got that answer, I cannot figure it out. I have been stuck on this for hours and need

Please find b and explain how you got that

Please find b and explain how you got that answer, I cannot figure it out. I have been stuck on this for hours and need to be able to understand this concept for my final. Please and thank you!!

Problem 20-23 Gentle Ben's Bar and Restaurant uses 6,100 quart bottles of an imported wine each year. The effervescent wine costs $7 per bottle and is served only in whole bottles because it loses its bubbles quickly. Ben figures that it costs $5 each time an order is placed, and holding costs are 35 percent of the purchase price. It takes six weeks for an order to arrive. Weekly demand is 122 bottles (closed two weeks per year) with a standard deviation of 35 bottles. Ben would like to use an inventory system that minimizes inventory cost and will provide a 90 percent service probability. a. What is the economic quantity for Ben to order? (Round your answer to the nearest whole number.) Economic order 158 bottles quantity b. At what inventory level should he place an order? (Use Excel's NORMSINVO) function to find the correct critical value for the given a-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.) Inventory level 732 bottles

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