Question: Please provide the answer to this problem. What is the EOQ? Regional Supermarket is open 355 days per year. Daily use of cash register tape

Please provide the answer to this problem. What is the EOQ? Regional

Please provide the answer to this problem.

What is the EOQ?

Regional Supermarket is open 355 days per year. Daily use of cash register tape averages 16 rolls. Usage appears normally distributed with a standard deviation of 3 rolls per day. The cost of ordering tape is $.75, and carrying costs are 40 cents per roll a year. Lead time is 3 days. Use Table1 and Table2. a. What is the EOQ? (Round your answer to the nearest whole number.)

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