A public warehouse can be rented for a charge of $1.15 per sq feet per month and an in-and-out handling charge of $0.05 per lb. Suppose a manufacturer has a monthly inventory turnover ratio of 2. A product occupies 0.2 cubic feet of space per lb and can be stacked 12 feet high on racks. In May, the manufacturer estimates that the total demand is 2,000,000 lb, and it plans to use the public warehouse for storage. What is the total cost for the public warehouse in May? Less than $75,000 Larger $125,000 Between $75,000 and $100,000 Between $100,000 and $125,000

Mountain mouse makes freeze-dried meals for hikers. one of mountain mouse's biggest customers is a sporting goods superstore. every 66 days, mountain mouse checks the inventory level at the superstore and places an order to restock the meals. these meals are delivered by ups in 55 days. average demand during the reorder period and order lead time is 8585 meals, and the standard deviation of demand during this same time period is about 1919 meals. calculate the restocking level for mountain mouse. assume that the superstore wants a 95\% service level. what happens to the restocking level if the superstore wants a higher level of service-say, 99]%? the restocking level for the 95% service level is 117 mealssuppose there are 25 meals in the superstore when mountain mouse checks inventory levels. how many meals should be ordered, assuming a 95% service level?