Question: Please keep four digits after the decimal point in your solutions. 1. [25 points) Cambridge Chowda Co. consumes 60,000 cases of crackers per year. The

Please keep four digits after the decimal point in your solutions. 1. [25 points) Cambridge Chowda Co. consumes 60,000 cases of crackers per year. The crackers cost $4 per case, and each order incurs a fixed-charge delivery cost of $200. Annual holding cost per case is assumed to be 24% of purchasing cost. Lead time is 48 days. There are 365 days in a year (a) Calculate the Economic Order Quantity (E0Q) for the cracker cases. (b) What is the optimal total cost? () Calculate the optimal reorder point

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