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th (13 points) Suma runs a health food store where the top selling item is called Heavenly Kelp. The annual demand for this is 900
th (13 points) Suma runs a health food store where the top selling item is called Heavenly Kelp. The annual demand for this is 900 units. The cost of placing an order is $40 while the holding cost per unit per year is 25% of the unit cost. The unit cost is $30, and the lead time for the shipment to arrive is 6 days Suma's store is open about 300 days a year (a) What is the economic order quantity? Tround answer to integer) (b) What is the annual cost of ordering and holding? Give in nearest contex. 1234 56) Suppose the daily demand is not constant. During the lead time of days, the average daily demand is 3 units, and the standard deviation of daily demand is 2 units to keep the service level 95% what is the appropriate reorder point? (aniwer should be an les 9 Highlightly your answers and clearly label them with (a), (b). 10 11 12 13 14 15 16 17 102 wet 100 M Standard Devi CP 1102 011 31 18 a) 19 20 b) Il th (13 points) Suma runs a health food store where the top selling item is called Heavenly Kelp. The annual demand for this is 900 units. The cost of placing an order is $40 while the holding cost per unit per year is 25% of the unit cost. The unit cost is $30, and the lead time for the shipment to arrive is 6 days Suma's store is open about 300 days a year (a) What is the economic order quantity? Tround answer to integer) (b) What is the annual cost of ordering and holding? Give in nearest contex. 1234 56) Suppose the daily demand is not constant. During the lead time of days, the average daily demand is 3 units, and the standard deviation of daily demand is 2 units to keep the service level 95% what is the appropriate reorder point? (aniwer should be an les 9 Highlightly your answers and clearly label them with (a), (b). 10 11 12 13 14 15 16 17 102 wet 100 M Standard Devi CP 1102 011 31 18 a) 19 20 b) Il
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