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QUESTIONS Given the following information: Monthly Demand is 150 units, Lead time is 4 weeks, Variance of demand per Lead Time is 4 units, ordering

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QUESTIONS Given the following information: Monthly Demand is 150 units, Lead time is 4 weeks, Variance of demand per Lead Time is 4 units, ordering cost is $10 per order, holding cost is 5% per unit per months. Cost of item is $40. Assume that there are 300 days per year. The company is currently operating 50 weeks per year. Compute the Total Variable Cost under the current ordering policy O $50 O $100 $350 O $410 O $450

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