Answer Happy

0. 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 1264 boxes "$0.50 per box= $632 (b) (2 pts) Annual ordering cost when the optimal order quantity is used (0) (2 PTS) The annual inventory holding cost when the optimal order quantity is used. Round your answer to two decimal places (d) (2 Prs) 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. () (2 PTS) The average inventory level when the optimal order quantity is used. Round your answer to one decimal place.