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Jordin Henry's machine shop uses 2,540 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following

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Jordin Henry's machine shop uses 2,540 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: a) What is the EOQ? units (round your response to two decimal places). b)What is the average inventory if the EOQ is used? units (round your response to two decimal places). What would be the annual inventory holding cost? \$ (round your response to two decimal places). c) Given the EOQ, how many orders will be made annually? orders (round your response to two decimal places). What would be the annual order cost? \$ (round your response to two decimal places). d) Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? $ (round your response to two decimal places). e)What is the time between orders? days (round your response to two decimal places). f) What is the reorder point (ROP)? units (round your response to two decimal places). Chicago's Hard Rock Hotel distributes a mean of 800 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of 95 towels per day, based on occupancy. The laundry firm that has the linen contract requires a 3-day lead time. The hotel expects a 98% service level to satisfy high guest expectations. Refer to the standard normal table for z-values. a) What is the reorder point? towels (round your response to the nearest whole number). b) What is the safety stock? towels (round your response to the nearest whole number)

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