Question: Problem 10-01 (Algorithmic) Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,700 cases. A

Problem 10-01 (Algorithmic) Suppose that the R&B

Problem 10-01 (Algorithmic) Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,700 cases. A case of the soft drink costs R&B $4. Ordering costs are $21 per order and holding costs are 20% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: a. Economic order quantity. If required, round your answer to two decimal places. o* = 440.74 b. Reorder point. If required, round your answer to the nearest whole number. 14.8 c. Cycle time. If required, round your answer to two decimal places. T = 29.78 days d. Total annual cost. If required, round your answer to two decimal places. TC = $ 15,152

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