What P (in working days) and T should be used to approximate the cost trade-offs of the EOQ? (rounded to nearest whole number) Sam’s Cat Hotel operates 49 weeks per year, 7 days per week. It purchases kitty litter for $7.50 per bag. The following information is available about these bags Demand 60 bags/week >Order cost $70/order >Annual holding cost 22 percent of cost Desired cycle-service level- 96 percent Lead time -1 week(s) (7 working days) > Standard deviation of weekly demand = 4 bags >Current on-hand inventory is 200 bags, with no open orders or backorders Suppose that Sam’s Cat Hotel uses a P system. The average daily demand, d, is 9 bags (60/7), and the standard deviation of daily demand, the standard normal table for z-values. a. What P (in working days) and T should be used to approximate the cost trade-offs of the EOQ? The ime between orders, P, should be days. (Enter your response rounded to the nearest whole number.) Standard Deviation of Weekly Demand is 1.512 bags. Refer to Days per Week

What P (in working days) and T should be used to approximate the cost trade-offs of the EOQ? (rounded to nearest whole number)
Sam’s Cat Hotel operates 49 weeks per year, 7 days per week. It purchases kitty litter for $7.50 per bag. The following information is available about these bags Demand 60 bags/week >Order cost $70/order >Annual holding cost 22 percent of cost Desired cycle-service level- 96 percent Lead time -1 week(s) (7 working days) > Standard deviation of weekly