Question: Problem D: Use the following to answer questions 33-34: A firm distributes items through a centralized warehouse. Holding cost is $3, and ordering cost is

Problem D: Use the following to answer questions 33-34: A firm distributes items through a centralized warehouse. Holding cost is $3, and ordering cost is $50. Demand for the product is 300 units per week. The lead time for the item is 1 week. (There are 52 weeks in a year). E) 721 33. What is the economic order quantity using the simple EOQ model? A) 527 B) 589 C) 416 D) 645 34. What is the reorder point? A) 200 300 C) 600 D) 500 B) E) 400

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