Question: The last two digit is 12 Time left Question 4 Not yet answered Marked out of 12.00 p Flag question Starbucks sells gourmet coffee in

The last two digit is 12 Time left Question 4 Not

The last two digit is 12

Time left Question 4 Not yet answered Marked out of 12.00 p Flag question Starbucks sells gourmet coffee in bags. It costs "100+Last 2 Digits of Your ID" TL for a Starbucks branch to place an order to its coffee supplier including the transportation cost. The cost of keeping a bag coffee for Starbucks is 20% of the purchasing price per year, which can be regarded as the holding cost of inventory. The demand for coffee bags is almost stable at "50+Last digit of Your ID" per month. The coffee supplier charges a price of 12 TL per bag. The lead time to receive an order from the supplier is random with a Normal distribution with a mean value of 3 weeks and standard deviation of week. Assume that a month is equivalent to 4 weeks. a) What is the economic order quantity for Starbucks? (4 pts) b) According to this economic order quantity, how many months will be between two consecutive orders ? (2 pts) c) According to this economic order quantity, how many orders will be given in a year? (2 pts) d) Assume that management has specified that a customer service level of "90+Last-digit of Your ID"% is acceptable during lead time. What should reorder point (ROP) be? (4 pts) A BIO A LE E TEE

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