I just need the last two questions thank you Safari Bar and Restaurant uses 5,000 quart bottles of an imported wine each year. The effervescent wine costs $5 per bottle and is served in whole bottlesonly since it loses its bubbles quickly. The manager figures that it costs $10 each time an order is placed, and holding costs are 30 percent of the purchaseprice per bottle per year. It takes four weeks for an order to arrive. Weekly demand has a Normal distribution with an average of 100 bottles and a standarddeviation of 30 bottles. Safari Bar and Restaurant closes two weeks per year. The manager would like to use an inventory system that minimizes inventorycost and will satisfy 90 percent of his customers who order this wine.Round your answers to the nearest integer.What is the economic order quantity for the manager to order?A. 258 bottlesB. 500 bottlesC. 316 bottlesD. 408 bottlesWhat is the expected demand during lead-time?A. 200 bottlesB. 400 bottlesC. 300 bottlesD. 100 bottles What is the standard deviation of the demand during lead-time?A. 60 bottlesB. 90 bootlesC. 40 bottlesD. 52 bootlesAt what inventory level should he place an order?OA. 386 bottlesB. 477 bottlesO C. 302 bottlesD. 254 bottles

Given- Lead Time (LT)= 4 daysWeekly Std. Deviation (σ)=30 bottlesService Level=90%

What is the standard deviation of the demand during lead-time? A. 60 bottles B. 90 bootles OC. 40 bottles O D. 52 bootles At what inventory level should he place an order? OA. 386 bottles OB. 477 bottles OC. 302 bottles D. 254 bottles

What is the standard deviation of the demand during lead-time? A. 60 bottles B. 90 bootles OC. 40 bottles O D. 52 bootles At what inventory level should he place an order? OA. 386 bottles OB. 477 bottles OC. 302 bottles D. 254 bottles

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter16: Lean Supply Chain Management

Section: Chapter Questions

Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...

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