a) what is the EOQ (round to two decimal places)

b) What would be the avg time between orders in weeks? (round to three decimal places)

c) What should R be?

The reorder point is ___ bags? (round to thee decimal places)

Sam's Pet Hotel operates 52 weeks per year, 5 days per week, and uses a continuous review inventory system. It purchases kitty litter for $12.00 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. > Demand =80 bags / week > Order cost =$58/ order > Annual holding cost =29 percent of cost > Desired cycle-service level =92 percent > Lead time =1 week(s) (5 working days ) > Standard deviation of weekly demand =18 bags > Current on-hand inventory is 350 bags, with no open orders or backorders