Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 77 pounds of Kona coffee beans a day (Demand can be assumed to be distributed normally withK a standard deviation of 12 pounds per day). After ordering (fixed cost-$16 per orders, beans are always delivered from Hawail in exactly 4 days. Per-pound annual holding costs for the beans are54. Refer to the standard normal table for z-values.a) What is the economic order quantity (EOQ) for Kona coffee beans? 351 pounds (round your response to the nearest whole number)b) What are the total annual holding costs of stock for Kona coffee beans? $ 702 (round your response to two decimal places)c) What are the total annual ordering costs for Kona coffee beans? (round your response to two decimal places)

A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 77 pounds of Kona coffee beans a day Demand can be a standard deviation of 12 pounds per day) After c fed cost $16 per orders, beans are always delivered from Hawai in exactly 4 days. Per pound annual holding costs for the beans are d 54. Refer to the standard normal table for zvalues a) What is the economic order quantity (EOQ) for Kona coffee beans? 351 pounds (round your response to the nearest whole number b) What are the total annual holding costs of stock for Kana coffee beans? $702 (round your response to two decimal places) c) What are the total annual ordering costs for Kona coffee beans? (round your response to two decimal places)

A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 77 pounds of Kona coffee beans a day Demand can be a standard deviation of 12 pounds per day) After c fed cost $16 per orders, beans are always delivered from Hawai in exactly 4 days. Per pound annual holding costs for the beans are d 54. Refer to the standard normal table for zvalues a) What is the economic order quantity (EOQ) for Kona coffee beans? 351 pounds (round your response to the nearest whole number b) What are the total annual holding costs of stock for Kana coffee beans? $702 (round your response to two decimal places) c) What are the total annual ordering costs for Kona coffee beans? (round your response to two decimal places)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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