Question: TWO WRITTEN QUESTIONS, PLEASE ALSO ANSWER THESE 1. What are some things that fast fashion businesses can do to be more sustainable? 2. How important


TWO WRITTEN QUESTIONS, PLEASE ALSO ANSWER THESE
1. What are some things that fast fashion businesses can do to be more sustainable?
2. How important is social media for fast fashion?
Question 9 4 pts Ye' Olde Barrel Shop sells oak barrels to a local winery. The Master Cooper would like to reduce her oak lumber inventory by determining the optimal number of oak boards to order. The annual demand averages 30,000 boards and the order cost is $25.00 per order. Holding cost is estimated to be 25%. The purchase cost of each board is $18.00. The standard deviation of daily demand is 3 boards. The standard deviation of lead time is 1.0 days. Assume 260 days in the year and an average lead time of 2 days. What is the EOQ? Less than or equal to 400 units More than 400 units but less than or equal to 450 units More than 450 units but less than or equal to 500 units More than 500 units Question 10 4 pts Ye' Olde Barrel Shop sells oak barrels to a local winery. The Master Cooper would like to reduce her oak lumber inventory by determining the optimal number of oak boards to order. The annual demand averages 30,000 boards and the order cost is $25.00 per order. Holding cost is estimated to be 25%. The purchase cost of each board is $18.00. The standard deviation of daily demand is 3 boards. The standard deviation of lead time is 1.0 days. Assume 260 days in the year and an average lead time of 2 days. If a service level of 95% is desired during the reorder interval, what is the reorder point? Remember you cannot order partial units, round to the nearest whole unit in the LAST step. 190 -372 421 -490Step by Step Solution
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