Question: please solve 13,14,15 QUESTION 13 A product has a demand of 3,910 units per year. Ordering cost is 23, and holding cost is 4 per
please solve 13,14,15
QUESTION 13 A product has a demand of 3,910 units per year. Ordering cost is 23, and holding cost is 4 per unit per year. The EOQ model is appropriate. The cout minimizing solution for this product will cost per year in total annual inventory holding cost. QUESTION 14 Demand for dishwasher water pumps is 9 per day. The standard deviation of demand is 2 per day, and the order lead time is 4 days. The service level is 95% (Z-1.64). What should the reorder point be? QUESTION 15 Dubai Specialty Foods can produce its famous meat pies at a rate of 866 cases of pies each per day. The firm distributes the pies to regional stores and restaurants at a constant rate of 208 cases per day. The cost of setup, cleanup, idle time in transition from other products to pies, etc., is 286. Annual holding costs are 11 per case. Assume 250 days per year. The optimal production quantity is
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