Wood County Hospital consumes an average of 1,500 bowes of bandages per week. The price of bandages 5. If the hospital uses a Q system, what should its order quantity be? is $36 per bok, and the hospital operates 52 weeks per year. The cost of processing an order is $12, and the cost of holding one box for a year is 20 percent of the value of the material. Demand is normally distributed, with a atandard deviation of weekly demand of 150 bores. The lead time is 2 weeks. 1. What is the economic order quantity (EOQ)? (round to the nearest whole unit) 6. If the hospital uses a Q system, and desires a 98% cycle-gervice level, how many safety stock ahould it hold (x=2.05) ? 2. If the order quantity is the EOQ you calculated, what is the total amnual cost of ordering and bolding inventory? 7. If the hospital uses a Q system, what is the reorder point? 3. If the order quantity is 800 boxes, what is the total annual cost of ordering and holding inventory? 8. If the hospital decides to use a P system, with a review period of 5 weeks, how many aafety atock is needed for a 98% cycle-service level? 4. Why are the total costa in Q3 greater than the total costs in Q2 ? 9. Why is the safety atock for the P ayatem higher