QUESTION $32$

Problem D: Use the following to answer questions $32-33$:

A firm distributes items through a centralized warehouse. Holding cost is $$2,$ and ordering cost is $$40.$ Demand for the product is $200$ units per week. The lead time for the item is $1$ week. $($There are $52$ weeks in a year$).$

What is the economic order quantity using the simple EOQ model?

A$)527$

B$)589$

C$)416$

D$)645$

E$)721$

QUESTION $33$

What is the reorder point?

A$)200$

B$)300$

C$)600$

D$)500$

E$)400$