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Thomas' Bike Shop stocks a high volume item that has a normally distributed demand during the reorder period. The average daily demand is 70 units, the lead time is 4 days, and the standard deviation of demand during the reorder period is 15. What should the reorder point be? (2 = 1.65) The MP8 calls for 110 units of Product M. There are currently 30 of Product M on hand. Each M requires 4 of Component N. There are 20 units of N on hand. The net requirements for N are If average demand was 20 units per day, and 200 units were in inventory, there would be days of supply Month 1 2 3 5 6 7 Requirement 0 200 200 500 0 400 0 400 Consider the following requirements for a certain product. Zoom Beginning inventory = 500 units Setup cost = $500 per setup Lead time = 1 period Holding cost = $3 per unit per period With lot-for-lot techniques how much should be ordered in period 5?-m_ A company has to decide how many should it buy for its materials. The company uses 480 unit \"m monthly. The regular price for the materials is $ 8 / unit with the carrying cost is 12% from the price \" per unit per year. Order cost is $ 60 per order. The price list that is offered can be seen in the figure. What is the minimum total cost that the company can get from this price list 900-2499 E- An inventory decision rule states "when the inventory level goes down to 14 gearboxes, 100 gear boxes will be ordered." Which of the following statements is true? (9 Fourteen is the reorder point, and 100 is the order quantity Fourteen is the safety stock, and 100 is the reorder point. None of the above is true. The number 100 is a function of demand during lead time. One hundred is the reorder point, and 14 is the order quantity. We conclude several data from the company: daily demand is 100 units, working days per year is 360 days, carrying cost is $ 3,600 per unit per year, and order cost is $ 500 per order. Calculate the possible total cost. If the demand for product A is 45 units, while there are still 5 units of A and there are 10 units of B on hand and 15 units of C, how many units of part B will be needed