1) A person is using the normal distribution to determine the safety stock for a product. If the weekly demand is N(40, 16) and the company wishes to maintain their 90 percent service level, approximately how much safety stock should be held given a one-week lead time?

Select one:

a. 21 units

b. 17 units

c. 9 units

d. 6 units

2) A person is using the normal distribution to determine the safety stock for a product. If the weekly demand is N(40, 16) and the company wishes to maintain their 90 percent service level, what is the approximate reorder point given a one-week lead time?

Select one:

a. 61 units

b. 46 units

c. 49 units

d. 57 units