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D Question 17 1 pts Question 17 to Question 21 are based on the problem below. High Tech, Inc. is a virtual store that stocks

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D Question 17 1 pts Question 17 to Question 21 are based on the problem below. High Tech, Inc. is a virtual store that stocks a variety of calculators in their warehouse. Customer orders are placed the order is picked and packaged, and then shipped to the customer. A fixed order quantity inventory control system (FQS) helps monitor and control these SKUs. The following information is for one of the calculators that they stock, sell, and ship. Average demand is 12.5 calculators per week; lead time = 3 weeks: Ordering cost = $20/order: Holding cost - $1.20/calculator/year, Number of weeks = 52 weeks per year: Standard deviation of weekly demand = 3.75 calculators; SKU service level = 90 percent. Question 17: Based on the service level, what is the z value you find from the Z table? (Choose the closest z value to the service level) Round your answer to two decimals. For example, if your answer is 2.123, round it to 2.12. Question 18 1 pts What is the safety stock level? (Note: fraction number is allowed) Round your answer to one decimal; for example, if your answer is 1.23, round it to 1.2 D Question 19 1 pts What is the reorder point? Round your answer to the nearest whole number. Question 20 1 pts What is the optimal order quantity? Round your answer to the closest whole number. D Question 21 1 pts Based on your answers in the former questions (to avoid possible rounding issues, use the answers you provided in the last few questions), what is the total annual cost including total holding cost (both cycle inventory and safety stock Inventory) and total ordering cost? Notice that both cycle Inventory holding cost and safety stock holding cost are included. Check your notes on this part Round your answer to the nearest whole number

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