98,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Answer:
(B)93
Explanation:
Since we are using a fixed-order-interval model,
The Amount to Order=Expected Demand During protection Interval+Safety Stock-Amount at Hand
Where:
d=weekly demand
OI=Order Interval
LT=Lead Time
z=Standard Deviation of Desired Service Level
=Standard Deviation of weekly Demand
A= Amount at Hand
17.50 + 2.50 + 60 = 80
And if Matt spent 1/5 of his money, the rest of the money is 4/5ths of the total.
4/5 = 80/100 and he has $80 so he had a total of <u><em>$100</em></u>.
Hope this helps,
♥<em>A.W.E.<u>S.W.A.N.</u></em>♥