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Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kity iter for $10.75
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kity iter for $10.75 per bag. The following information is available about these bags. Refer to the standard romable for values > Demand 96 bags week Order Cost = $S7lorder Annual holding cost - 28 percent of cost Desired cycle service level percent > Lead time 2 weeks) (14 working days) Standard deviation of weekly demand10 bags Current on-hand inventory is 315 bags, with no open orders or backorders. a. What is the EOQ? Sam's optimal order quantity is bags. (Enter your response rounded to the nearest whole number) What would be the average time between orders (in weeks)? The average time between orders is weeks (Enter your response rounded to one decimal place) b. What should be The order points agenter your response rounded to the whole number) c. An inventory w rawal of 10 bags was made is time to reorder
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