20. The Food Place Supermarket stocks Munchkin Cookies. Demand for Munchkins is con- stant at 5000 boxes per year (365 d

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20 The Food Place Supermarket Stocks Munchkin Cookies Demand For Munchkins Is Con Stant At 5000 Boxes Per Year 365 D 1 (320.89 KiB) Viewed 39 times

20. The Food Place Supermarket stocks Munchkin Cookies. Demand for Munchkins is con- stant at 5000 boxes per year (365 days). It costs the store $80 per order of Munchkins, and it costs $0.50 per box per year to keep the cookies in stock. Using the economic order quantity model, determine the following: (a) (2 PTS] The optimal order quantity (b) (2 PTS] Annual ordering cost when the optimal order quantity is used (c) (2 PTS] The annual inventory holding cost when the optimal order quantity is used. Round your answer to two decimal places. (d) (2 PTS] The number of orders placed per year when the optimal order quantity is used. Round your answer to two decimal places. (e) [2 PTS] The time between two consecutive orders when the optimal order quantity is used. Round your answer to two decimal places. (f) (2 PTS] The average inventory level when the optimal order quantity is used. Round your answer to one decimal place. !