Question: Please show how you got your answer. The information for the auto parts supplier from Problem 9 is provided again in the table below. Use

 Please show how you got your answer. The information for the

Please show how you got your answer.

The information for the auto parts supplier from Problem 9 is provided again in the table below. Use this information to answer the Reorder Point questions below. Assume the supplier is using the EOQ you calculated in Problem 9 for the order quantity. Remember the supplier is open 312 days per year. Inventory Information for Car Battery Battery Cost Annual Holding Cost (as a % of Cost) Cost to place an Order Estimated Daily Demand (Based on days store is open) Std Dev. Of daily demand Lead time in days $45 24.00% $5 55.00 12.60 10.00 If the company used a reorder point system with a 90% customer service level how much safety stock would it need? How much would the holding cost increase to carry that safety stock? How many stock outs would it incurr with a 90% customer service level

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