ize the total inventory costs for the bags of biscuits? Keep two decimals Q pts Suppose Chloe decides to order bags at a time. What would the total ordering and holding costs for the year beKeep two decimals Q pts Average weekly demand for freerange dog biscuits is bags per week, with a standard deviation of bags. Chloe uses a continuous inventory review system to manage inventory of the biscuits. She wants to set the reorder point high enough that there is chance of running out before the next order comes in Assuming that the lead time is constant days. What is the inventory level at which the stock needs to be replenished? Keep two decimals

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ChatGPTChloes Organic Pet Shop sells about bags of freerange dog biscuits every year. The ordering cost is $ The cost of holding a bag for a year is $ Q pts What is the order size to minim