A store sells 100 cases of energy drinks per day. Ordering costs are $100.00 per order. Orders arrive two days from the time they are placed. Annual holding cost is $10.00 per case. Assume this store operates 300 days per year. What is the optimal order quantity and reorder point?
a. 775 and 200, respectively.
b. 1000 and 200, respectively
c. 2449 and 200, respectively
d. 2000 and 100, respectively
e. 1449. and 100, respectively
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