Question: Use for the following 5 problems: Perfect Perambulators makes upscale baby carriages 300 days per year. They have a subcontractor supply axles for the carriages

Use for the following 5 problems: PerfectUse for the following 5 problems: Perfect

Use for the following 5 problems: Perfect Perambulators makes upscale baby carriages 300 days per year. They have a subcontractor supply axles for the carriages with a lead time of 5 days. The annual demand for axles will be 39,000. The cost of processing an order is $560 per order. The unit cost of the axle is $38.80, and the cost of holding these axles is 12.5% of purchase cost. What would be the economic order quantity (round to nearest whole unit)? Question 7 0.5 pts What is the reorder point? Question 8 0.5 pts How many times per year would Perfect Perambulators have a setup? (nearest whole number) Question 9 1 pts What would be the total annual inventory cost for this part? (nearest dollar) Question 10 1 pts If Perfect Perambulators orders a single full pallet of 2500 axles at a time for convenience instead of the EOQ, how much is the company overpaying in total inventory cost? Question 11 1 pts A copy center uses 50 reams of paper per day. Average demand during a 5 day lead time is normally distributed with a standard deviation of 7 reams. What reorder point provides a service level of 90%? (round to nearest whole number) Question 12 1 pts Demand for coffee makers at an appliance store is normally distributed during the reorder period. The average demand during this time is 35 units, and the standard deviation is 4 units. The store manager wants to follow a policy that results in stockouts 20% of the time. What reorder point should the store manager use? (round to nearest whole number)

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