Question: the answer to the first question is not 368.67 the second has many parts after if answers are known Sam's Cat Hotel operates 48 weeks

the answer to the first question is not 368.67
the answer to the first question is not 368.67
the second has many parts after if answers are known
the answer to the first question is not 368.67
Sam's Cat Hotel operates 48 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $12.50 per bag. The following information is available about these bags: > Demand = 95 bags/week > Order cost = $50.00/order > Annual holding cost = 25 percent of cost > Desired cycle-service level = 80 percent > Lead time=2 weeks (12 working days) > Standard deviation of weekly demand=15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 95 bags is incorrect and actual demand averages only 75 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $ higher owing to the error in EOQ. (Enter your response rounded to two decimal places.) Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.75 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. > Demand = 80 bags/week > Order cost $55/order > Annual holding cost = 25 percent of cost > Desired cycle-service level = 92 percent > Lead time = 2 week(s) (14 working days) > Standard deviation of weekly demand=16 bags > Current on-hand inventory is 310 bags, with no open orders or backorders. a. What is the EOQ? Sam's optimal order quantity is 412 bags. (Enter your response rounded to the nearest whole number) What would be the average time between orders (in wooks)? The average time between orders is weeks. (Enter your response rounded to one decimal place.)

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