Safari File E Edit View History Bookmarks Window B Q Wed Nov 9 9:47 PM O G RO A ezto.mheducation.com + Gcu Grand Canyon University |... Student Portal | Main h MGT-655 Class Resources x Question 12 - Topic 7 Assi... Dashboard Course Hero FOOD . Cvent Passkey..anner Portal IHI: Learning..ement System Dan & Abby |...deo on Vimeo Add to Babylist ASHLEY + STE...bsite / Blog Ashley & Ste...deo on Vimeo Roxanne & Gr...eo on Vimeo > > Topic 7 Assignment i Saved Help Save & Exit Submit Check my work 12 Problem 20-30 (Algo) 2.14 It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for points the various items have been correctly established. You decide to test one item and choose Michelin tires, XW size 185 x 14 BSW. A perpetual inventory system has been used, so you examine this, as well as other records, and come up with the following data: Skipped Cost per tire $ 40 each eBook Holding cost 20 percent of tire cost per year Demand 1, 060 per year $ Hint Ordering cost 22 per order Standard deviation of daily demand 5 1 Delivery lead time 6 days Print References Because customers generally do not wait for tires but go elsewhere, you decide on a service probability of 95 percent. Assume the demand occurs 365 days per year. a. Determine the order quantity. (Round your answer to the nearest whole number.) Order quantity tires Mc Graw Hill