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32. The Food Place Supermarket stocks Munchkin Cookies. Demand for Munchkins is constant at 5000 boxes per year (365 days). It costs the store $80
32. The Food Place Supermarket stocks Munchkin Cookies. Demand for Munchkins is constant at 5000 boxes per year (365 days). It costs the store $80 per order of Munchkins, and it costs $0.50 per box per year to keep the cookies in stock. Using the economic order quantity model, determine the following: (a) [2 pts] The optimal order quantity (b) [2 pts Annual ordering cost when the optimal order quantity is used (c) [2 pts] The annual inventory holding cost when the optimal order quantity is used. Round your answer to two decimal places. (d) [2 pts) The number of orders placed per year when the optimal order quantity is used. Round your answer to two decimal places. (e) [2 pts The time between two consecutive orders when the optimal order quantity is used. Round your answer to two decimal places. (f) [2 pts]The average inventory level when the optimal order quantity is used. Round your answer to one decimal place. AB (g) [2 pts] The reorder point when it takes 20 days for orders to be delivered. Assume 365 days a year. Round your answer to two decimal places
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