Question: the demand for beans is 6 6 0 0 cases per year ( each case has 2 4 ten - pound bags ) for company

the demand for beans is 6600 cases per year (each case has 24 ten-pound bags) for company B. Safety stock is 30 cases. The cases cost 4800 and it cost 5 per case to place an order. The holding cost is 40 cases a year. The lead time to receive an order is up
is seven days. Company B is open 300 days a year.
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what is their annual ordering cost if they order at their EOQ level? show all work.
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what is their reorder point if they order at twice their EOQ? show all work.
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what is the increase in their EOQ if all of the model parameters (except the number of days in a year) double? show all work

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