Question: please show work!! B C Problem 10. The information for the auto parts supplier from Problem 9 is provided again in the table below. Use
please show work!!
B C Problem 10. 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 52 weeks per year. Inventory Information for Car Battery Battery Cost Annual Holding Cost (as a % of Cost) 5 Cost to place an Order Estimated Weekly Demand (Based on weeks store is open) Std Dev. Of weekly demand B Lead time in weeks $62 18% $6.25 432.00 125.00 1.50 9 If the company used a reorder point system with a 90% customer service level how much safety 10 stock would it need? 11
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