Question: Please show formula and each step Question 2 0/1 pts A large bakery buys flour in 50-pound bags. The bakery uses an average of 5,702

Please show formula and each step

Please show formula and each step Question 2 0/1Please show formula and each step Question 2 0/1Please show formula and each step Question 2 0/1Please show formula and each step Question 2 0/1

Question 2 0/1 pts A large bakery buys flour in 50-pound bags. The bakery uses an average of 5,702 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $14.2 per order. Annual carrying costs are $2.1 per bag. The bakery holds 36 bags of flour in inventory as safety stock. What is the total annual cost of holding and ordering inventory of flour? You Answered Correct Answer 658.7529 margin of error +/- 0.001 Question 3 0/1 pts The injection molding department of a company that operates 24x7 uses an average of 48 gallons of special lubricant per day. The usage of lubricant is normally distributed with a standard deviation of 2.4 gallons per day and it takes 6.8 weeks for an order of lubricant to be delivered. If safety stock is set equal to 6 days of average demand, what is the reorder point? You Answered Correct Answer 2,572.8 margin of error +/-0.001 Question 4 0/1 pts The injection molding department of a company that operates 24x7 uses an average of 39 gallons of special lubricant per day. The usage of lubricant is normally distributed with a standard deviation of 3.1 gallons per day and it takes 4.7 weeks for an order of lubricant to be delivered. If the target service level is 78%, what is the reorder point? You Answered Correct Answer 1,296.7915 margin of error +/-0.001 Question 5 0/1 pts The injection molding department of a company that operates 24x7 uses an average of 47 gallons of special lubricant per day. The usage of lubricant is normally distributed with a standard deviation of 5.5 gallons per day and it takes 2.5 weeks for an order of lubricant to be delivered. If the company can tolerate a probability of stockout equal to 6%, what is the reorder You Answered Correct Answer) 858.2777 margin of error +/-0.001

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