KungFu Panda is a popular Chinese takeout in a large metropolitan city. The restaurant is famous for its noodle soup, for which special noodles are sourced from a small local authentic Chinese noodle production plant. The inventory of raw materials in the restaurant is managed by the chef's daughter, Ms. Huan, who balances college studies with running the stock room. She only has time once a week to check inventory levels and place orders for items running low. To keep her chef parents happy, she wants to ensure a 98% cycle service level. Data on daily usage (demand) of noodle boxes for the past 30 days, and lead time of the last 20 orders placed with the supplier is available in the Excel file. You may assume that this data is representative and can be used to estimate demand and lead time. The cost of a box of noodles for KungFu Panda restaurant is 2$. The holding cost is 25% of an items value.

A) What is the average inventory level? Enter your answer rounded to 2 decimal places.

B) What is the annual inventory holding cost? Enter your answer rounded to 2 decimal places.

Demand Data
Day	Demand (usage of noodle boxes per day)
1	276
2	527
3	606
4	527
5	543
6	590
7	758
8	573
9	618
10	419
11	745
12	705
13	582
14	477
15	621
16	335
17	541
18	531
19	657
20	446
21	435
22	348
23	769
24	592
25	728
26	531
27	630
28	738
29	565
30	370

Lead Time Data
Order #	Lead time (# days)
1	3.6
2	3.9
3	3.2
4	3.9
5	4.8
6	2.7
7	2.9
8	2.7
9	2.8
10	0.3
11	3.5
12	3.1
13	2.3
14	1.9
15	3.8
16	2.3
17	2.4
18	3.3
19	2.1
20	4.5