Question 14 (2 points) One local supermarket at St. John's is open 350 days per...
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Accounting
Question 14 (2 points) One local supermarket at St. John's is open 350 days per year. Daily use of cash register tape averages 12 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The fixed ordering cost for the tape is $3 per order and carrying costs are 40 cents per roll a year. The order lead time is 4 days, which is a constant. How much should be ordered for each order? 251 rolls 230 rolls 241 rolls 221 rolls Question 15 (4 points) Refer to the information in Q14. What ROP will provide a cycle service level of 96%? 55 units 40 units 25 units Question 16 (4 points) Refer to the information in Q14. What is the annual service level with a 96% cycle service level? 97.98% 98.98% 99.92% 99.98%



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