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stion 2 estion 3 estion 4 lestion 5 Uestion 6 2uestion 7 Question 8 Question 10 Question 11 Question 12 a) What is the EOQ?

image text in transcribedimage text in transcribedimage text in transcribed stion 2 estion 3 estion 4 lestion 5 Uestion 6 2uestion 7 Question 8 Question 10 Question 11 Question 12 a) What is the EOQ? units (round your response to two decimal places). b)What is the average inventory if the EOQ is used? units (round your response to two decimal places). What would be the annual inventory holding cost? ? (round your response to two decimal places). c) Given the EOQ, how many orders will be made annually? orders (round your response to two decimal places). What would be the annual order cost? (round your response to two decimal places). d) Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? (round your response to two decimal places). e)What is the time between orders? days (round your response to two decimal places). f) What is the reorder point (ROP)? units (round your response to two decimal places). Question 9 Question 11 Question 12 Based on available information, lead time demand for PC jump drives averages 53 units (horrmally distriburted), whth a standard deviation of 4 drives. Management wants a 90% service level. Refer to the standard normal table for Z-values. a) What value of Z should be applied? b) How many drives should be carried as safety stock? units (round your response to the nearest whole number). c) What is the appropriate reorder point? units (round your response to the nearest whole number). If D=8,300 per month, S=$43 per order, and H=$2.50 per unit per month, a) What is the economic order quantity? The EOQ is units (round your response to the nearest whole number). b) How does your answer change if the holding cost doubles? The EOQ is units (round your response to the nearest whole number). c) What if the holding cost drops in half? The EOQ is units (round your response to the nearest whole number)

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