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What is the EOQ? Regional Supermarket is open 3 5 5 days per year. Daily use of cash register tape averages 1 6 rolls. Usage

What is the EOQ? Regional Supermarket is open 355 days per year. Daily use of cash register tape averages 16 rolls. Usage appears normally distributed with a standard deviation of 3 rolls per day. The cost of ordering tape is \(\$ .75\), and carrying costs are 40 cents per roll a year. Lead time is 3 days. Use Table1 and Table2. a. What is the EOQ? (Round your answer to the nearest whole number.) b. What ROP will provide a lead time service level of 87.7 percent?

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