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KraftyCity is a large retaller that sells power tools and other hardware supplies. One of its products is the KraftyMan workbench information on the workbench

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KraftyCity is a large retaller that sells power tools and other hardware supplies. One of its products is the KraftyMan workbench information on the workbench is as foliows. Annual demand =1,500 Holding cost =$22 Ordering cost=$150 Click the icon to view the table of z values. a. What is the economic order quantity for the workbench? The EOQ is (Enter your response rounded to the nearest whole number.) b. Suppose that KraftyCity has to pay $36 per workbench for orders under 280 but only $28 per workbench for orders of 281 or more What order quantity should KraftyCity use? KraftyCity should order workbenches at a time. (Enter your response rounded to the nearest whole numbec) c. The lead time for KraftyCity workbenches is 3 weeks, with a standard deviation of 0.5 weeks, and the average weskly demand is 15 . with a standard deviation of 4 workbenches. What should the reorder point be if KrattyCity wants to provide a 99.9%5 service level? The reorder point is workbenches. (Enter your response rounded to the nearest whole number.) d. Now suppose the supplier of workbenches guarantees KraftyCity that the lead time will be a constant 3 weeks, with no variability (le. standard deviation of lead time =0 ). Recalculate the reorder point using the demand and service level information in part c. The reorder point if the standard deviation of lead time is 0 weeks is workbenches. (Enter your response rounded to the nearest. whole number) Is the reorder point higher or lower? The reorder point if the standard deviation of lead time is 0 is More Info ut only $28 per workben d to the nearest whole nu hof 0.5 weeks, and the av rraftyCity wants to provide est whole number.) time will be a constant 3v and and service level inforn ches. (Enter your response

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