A supermarket stocks Hostess Cakes. The demand for these cakesis 6,000 boxes per year (365 days). It costs the store $100 perorder, and $0.75 per box per year to keep the cakes in stock. Leadtime is 4 days. Determine the following:
1. The EOQ.
2. The average inventory
3. The optimal number of orders per year.
4. The annual cost of ordering and holding inventory.
5. The Reorder point.
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