Question: Question 3 (12 points): Problem 13.9 a) and c), page 575 from the textbook. Find the optimal order quantity for boxes of cookies in WHOLE

Question 3 (12 points): Problem 13.9 a) and c),

Question 3 (12 points): Problem 13.9 a) and c), page 575 from the textbook. Find the optimal order quantity for boxes of cookies in WHOLE number. Find the ROP in WHOLE number, and draw a conclusion on the inventory policy for managing the product from your analysis. inventory cost, and the reorder point. 13.9. The Food Place Supermarket stocks Munchkin Cookies. De- mand for Munchkins is 5000 boxes per year (365 days). It costs the store $80 per order of Munchkins, and it costs $0.50 per box per year to keep the cookies in stock. Once an order for Munchkins is placed, it takes four days to receive the order from a food distributor. Determine the following: a. Optimal order size b. Minimum total annual inventory cost c. Reorder point 1 1 a & 1

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