Question: Question 11 (2 points) A store in St. John's is open 350 days per year. Daily use of cash register tape is random and the

Question 11 (2 points) A store in St. John's is
Question 11 (2 points) A store in St. John's is open 350 days per year. Daily use of cash register tape is random and the average usage per day is 5 rolls. Usage appears normally distributed with a standard deviation of 4 rolls per day. The fixed cost of ordering tape is $5 per order and carrying costs are $2 per roll a year. The Lead time duration for each order is a constant and it is 6 days. What is the EOQ quantity for each order? 10 rolls 5 rolls 93.54 rolls 94 rolls

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