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YSU store sells university coffee mugs. Daily demand is 2 3 mugs with a standard deviation of 4 mugs per day. Each mug costs $

YSU store sells university coffee mugs. Daily demand is 23 mugs with a standard deviation of 4 mugs per day. Each mug costs $7.85. Ordering costs are $14. The carrying costs are $2 per year. The store is open 250 days per year. Lead time is 6 days with a standard deviation of 1.6 days. Desired service level is 98%.
use the z-table to find the corresponding z-value.
Calculate the EOQ . Please show how to find the EOQ

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