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Problem 12-28a-b Regional Supermarket is open 360 days per year. Daily use of cash register tape averages 10 rolls. Usage appears normally distributed with a
Problem 12-28a-b Regional Supermarket is open 360 days per year. Daily use of cash register tape averages 10 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering tape is $1, and carrying costs are 40 cents per roll a year. Lead time is three days. Use Table1 and Table2. a. What is the EOQ? (Do not round intermediate calculations. Round your final answer to the nearest whole number.) EOQ rolls b. What ROP will provide a lead time service level of 96 percent? (Do not round intermediate calculations. Round your final answer to the nearest whole number.) ROP rolls
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