Question: Question 15 (1 point) Problem data: Eagle Hydraulics uses a Q-model to make inventory decisions about a replacement part for one of the pumps it

Question 15 (1 point) Problem data: Eagle
Question 15 (1 point) Problem data: Eagle
Question 15 (1 point) Problem data: Eagle Hydraulics uses a Q-model to make inventory decisions about a replacement part for one of the pumps it makes. Annual demand has been forecast to be 2,500 units and they operate 250 days per year. The standard deviation of daily demand is 5 units. They estimate it costs $10 to hold one unit for a year and $50 to place an order. Their supplier's lead time is 4 days and they want a 99% service level. Approximately how much safety stock is required to maintain their desired service level2(Round your answer to the nearest whole number.) 1) 23 O 2) 5 3) 16 4) 47 Question 16 (1 point) Problem data: Eagle Hydraulics uses a Q-model to make inventory decisions about a replacement part for one of the pumps it makes. Annual demand has been forecast to be 2,500 units and they operate 250 days per year. The standard deviation of daily demand is 5 units. They estimate it costs $10 to hold one unit for a year and $50 to place an order. Their supplier's lead time is 4 days and they want a 99% service level Which of the following responses is closest to the appropriate re-order point? 1) 57 2) 63 3) 1,005 O 4) 36

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