Answer Happy

A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 73 pounds of Kona coffee beans a day (Domand can be assumed to be distributed normally with a standard deviation of 14 pounds per day) Alter ordering (fixed cost = $15 por order), beans are always delivered from Hawaii in exactly 4 days. Per-pound annual holding costs for the beans are 52. Refer to the standard normal table for values a) What is the economic order quantity (EOC) for Kona comtee beans? pounds (round your response to the nearest whole number) b) What are the total annual holding costs of stock for Kona coffee bearis? $ (round your response to two decimal places) c) What are the total annual ordering costs for Kona coffee beana? $ (round your response to two decimal places) d) Assume that management has specified that no more than a 1% risk of stockout during load time is acceptable. What should the reorder point (ROP) bo? pounds (round your response to two decimal places). oy What is the safety stock nooded to attain a 1% ink of stockout during had timo? pounds (rould your response to two decimal places) What is the annual holding cost of maintaining the level of safety stock needed to support a 1% risk? $ (round your response to two decimal places). a) Il management specified that a 2% risk of stockout during lead time would be acceptablo, the safety stock holding costs wit