Question: QUESTION 9 Calculate the optimal order quantity given the following data. Note: answer number has no decimal, e.g. 123. Average demand = m = 100

QUESTION 9 Calculate the optimal order quantity given the following data. Note: answer number has no decimal, e.g. 123. Average demand = m = 100 units/day Standard deviation = s = 8 units Cs = cost of shortage = $1.25 - $.90 = $.55 Co = cost of overage = $.50 - $.45 = $.05 QUESTION 10 Demand is Normally distributed with mean of 9 per week and a weekly variance of 2. The ordering cost is $49.22 Lead time is 9 weeks. Shortages cost an estimated $2.43 per unit short to expedite orders to appease customers. The holding cost is $8.13 per week. Caculate ROP if the target service level is 95%. (Enter your answer number with no decimal)

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