Question: The item's economic order quantity is EOQ= The time between orders, expressed in weeks, Sam's Cat Hotel operates 52 weeks per year, 7 days per

The item's economic order quantity is EOQ=

The time between orders, expressed in weeks,

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 $11.00 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. > Demand = 95 bags/week > Order cost = $57/order > Annual holding cost = 25 percent of cost > Desired cycle-service level = 90 percent > Lead time = 1 week(s) (7 working days) > Standard deviation of weekly demand = 13 bags > Current on-hand inventory is 310 bags, with no open orders or backorders

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