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SHOW YOU WORK and CLEARLY INDICATE YOUR FINAL ANSWER (WHEN APPLICABLE) Determine the missing data (you can use normal curve area table) (3 points) P(Z S2-value) z-value 0.00 12.3% 99.83% 1.27 -1.27 87.4% A hamburger joint estimates the cost of ordering a raw material to be $54 per order excluding the cost of inspection FDA performs this inspection for every order with per order cost of $12, which is independent to the order quantity of that particular raw material and this inspection is mandatory by law. The monthly demand is 3000 weight units. Purchase value per weight unit is $150. The joint buys its raw material on credit bounded by a bank, which charges 24% nominal yearly interest rato, compounding monthly Last month's applicable direct storage, climate control, insurance, taxes, pilferage, deterioration and spoilage summed 14% on raw material. The supplier delivers this raw material in package of 6 weight units per pack. The joint works 30 days a month (in average). a With one-day lead-time, it is observed that the daily demand behaves with a normal distribution and has a variance of 25 unit/day. If the joint wants 95% service level, what must be the reorder point? (write your answer with proper format) (8+2 points) b. Continuing from part-b, what is the Net Inventory Cost (.e., updated Total Inventory Cost)? (7 points) 494 36 0.00 0.4990 0.49 0.4951 SPD ho 0.295 0600 WOO Not 6 00 60 DO MED CROFO Eero SLA WOO 04 0.0 0.498 NOTO 0.4077 . LORO TOD 0.4971 OLD 04973 0.4962 trata SOPO 0.490 0.4957 Set re 4956 04963 0.4041 14032 tor DC STOPO LES OVO Coro SO re oto 9160 0.299 04034 195 0.4901 TOO Toto O ISTO 9 COD STO TO 20 28 45 ESTO XXTO 0.1911 0.44 0.450 0.4375 LENTO MO 1987O TOTO 0.47 04630 04546 0.4854 STO OSCO 0.4788 RLETO CLAT TO ENTO TOTO ULFO TISYO 19TO DOO 04715 0.4719 2.4756 2014 OSLO TO 0.4726 0.45 INT NESTO DO 0.4671 04991 ELVO D SRTO TO 0.4616 0.4505 0.40 0.4515 ** ESTO 16 SOTO SSPO SISTO TUITO LSSTI ELETE STATO 04441 0.44 SITED sos 0.4394 04 04115 0.4236 CLIPO Core CLOTO N83333333333 021.95228 122.a. 0.42 0.4306 IYO ISCO 8600 0.4307 04009 3569 14 13 0.46 0.4171 0.4015 0.30 TIYO RCO OLLO ro 000 WITO ACO OSCO 1549 0.1995 O NEO 39 REO OLCO 0.9438 Cho LO 1421 STO 10 0.35 0.3368 03509 0.334 LLSED OTED 800 03159 0.3461 09012 0.2939 0.1315 WICO OSO ISOCO CO 0.2003 SO TESCO TEO ESSED ERO FENCO REZO 0.2764 0.1550 0.261 0.2704 0.239 IS20 RETO STO 02311 GIOSO 0.2157 1985 S1610 0.1950 ETICO ELLIO SA TO 0.166 10 1879 TO ONYO 0.1700 0131 ID LIETO 15 0.117 LISED BONTO O 010 CLO QORX2 0.000 co te SCO WID LOD 00 6610D ROO ERO 0.1103 0714 0.0319 0065 0.0557 0.0753 00998 100 ORTO 06279 09100 00130 COND 0.0040 65100 00090 000 20 0.04 0.00 200 0.00 0.00 TALER I Normal Care Ara 2-97 NORMAL CURVE AREAS