Question: standard normal table for z-values. > Demand =100bags/ week > Order cost =$55 /order > Annual holding cost =25 percent of cost > Desired cycle-service

standard normal table for z-values. > Demand

standard normal table for z-values. > Demand =100bags/ week > Order cost =$55 /order > Annual holding cost =25 percent of cost > Desired cycle-service level =92 percent > Lead time =4 week(s) (20 working days) > Standard deviation of weekly demand = 13 bags > Current on-hand inventory is 350 bags, with no open orders or backorders. a. What is the EOQ? Sam's optimal order quantity is bags. (Enter your response rounded to the nearest whole number.) What would be the average time between orders (in weeks)? The average time between orders is weeks. (Enter your response rounded to one decimal place.) b. What should R be? The reorder point is 436 bags. (Enter your response rounded to the nearest whole number.) c. An inventory withdrawal of 10 bags was just made. Is it time to reorder? time to reorder. d. The store currently uses a lot size of 495 bags (i.e., Q = 495). What is the annual holding cost of this policy? The annual holding cost is $. (Enter your response rounded to two decimal places.)

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