Question: 2. Consider a periodic review inventory model, where orders are placed every 14 days, and lead time is 2 days; service policy is 97%. The

2. Consider a periodic review inventory model, where orders are placed every 14 days, and lead time is 2 days; service policy is 97%. The daily demand is ~(60,20) (i) Determine

#$% , (round your answer to the nearest integer) (ii) at some reordering point, the retailer finds that it has 123 units in stock, what should be her order amount?

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