Heavenly Hotdog, uses 20 pounds of hotdog each day in preparing hotdogs. Order costs for hotdogs are $10.00 per order, and holding costs are 4 cents per pound per day. The lead time for each order is 3 days, and the hotdog itself costs $3.00 per pound.

1) Without allowing for safety stock, what reorder point should be used to reorder hotdogs?

2) If Heavenly Hotdog was to order 80 pounds of hotdogs at a time, what would be the length of an order cycle?

3) What is the economic order quantity for hotdogs?