Question: 2. Stochastic Demand Model A store manager has decided that to keep a 5% risk of stockout during lead time for a unique product originally

2. Stochastic Demand Model A store manager has decided that to

2. Stochastic Demand Model A store manager has decided that to keep a 5% risk of stockout during lead time for a unique product originally designed to keep the Mars Rover Craft from getting too thirsty on Mars. (MRC Cola). The lead time is four days and the weekly demand for MRC Cola is 525 cases. The standard deviation of demand during lead time is 25 cases. Determine: (a) The safety stock (b) The reorder point Show all calculations and provide a neat diagram

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