to the standard normal table for z$-$values.

$>$ Demand $=96$ bags$/$week

$>$ Order cost $=$ $$55/$order

$>$ Annual holding cost $=28$ percent of cost

$>$ Desired cycle$-$service level $=96$ percent

$>$ Lead time $=4$ week$($s$)(28$ working days$)$

$>$ Standard deviation of weekly demand $=10$ bags

$>$ Current on$-$hand inventory is $300$ bags, with no open orders or backorders.

a$.$ What is the EOQ?

Sam's optimal order quantity is $432$ 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 $4\mathrm{.}5$ weeks. $($Enter your response rounded to one decim place.$)$

b$.$ What should $R$ be$?$

The reorder point is $419$ 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?

It time to reorder.

d$.$ The store currently uses a lot size of $480$ bags $($i$.$e$.,Q=480).$ What is the annual holding cost of this policy?

The annual holding cost is $ $($Enter your response rounded to two decimal places.$)$ Solve for part d$.$