(Answered) : Small Copy Center Uses 4 450 Sheet Boxes Copy Paper Week Experience Suggests Usage Well Ap Q28171094

A small copy center uses 4 450-sheet boxes of copy paper a week.Experience suggests that usage can be well approximated by a normaldistribution with a mean of 4 boxes per week and a standarddeviation of .60 boxes per week. 3 weeks are required to fill anorder for letterhead stationery. Ordering cost is $6, and annualholding cost is 33 cents per box.
Use Table.

a. Determine the economic order quantity, assuminga 52-week year. (Round your answer to the nearestwhole number.)

EOQ           boxes

b. If the copy center reorders when the supply onhand is 13 boxes, compute the risk of a stockout.(Round “z”