Part 1 ​Sam's Cat Hotel operates 48 weeks per year, 5 days per week. It purchases kitty litter for $6.50 per bag. The fo

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Part 1 ​Sam's Cat Hotel operates 48 weeks per year, 5 days per week. It purchases kitty litter for $6.50 per bag. The fo

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Part 1
​Sam's Cat Hotel operates 48 weeks peryear, 5 days per week. It purchases kitty litterfor $6.50 per bag. The following information is availableabout these​ bags:
≻Demand = 55 ​bags/week
≻Order cost​ = ​$75​/order
≻Annual holding cost​ = 28 percent ofcost
≻Desired ​cycle-service level=98 percent
≻Lead time​ = 2​week(s) ​(10 working​ days)
≻Standard deviation of weekly demand​ = 6bags
≻Current ​on-hand inventory is 275 ​bags, with noopen orders or backorders.
Suppose that​ Sam's Cat Hotel uses a P system. The averagedaily​ demand, d​, is 11 bags (55​/5​),
and the standard deviation ofdaily​ demand, Standard Deviation of Weekly DemandDays per Week​,is 2.683 bags. Refer to the standard normaltable for​ z-values.
Part 2
a. What P​ (in working​ days) and T should be used toapproximate the cost​ trade-offs of the​ EOQ?
The time between​ orders, P, should be----- days (enteryour response here days. ​(Enter your response rounded to thenearest whole​ number.)
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