Question: 2. Weekly demand for laptops at a computer retail store is normally distributed with mean of 500 and the standard deviation of 220. The supplier

2. Weekly demand for laptops at a computer retail store is normally distributed with mean of 500 and the standard deviation of 220. The supplier takes two weeks to supply a retail store order. The store reviews its inventory continuously and its goal is to provide a cycle service level of 97 percent.

How much safety inventory should the retail store hold at its store? (10 points) What should the store re-order point be? (10 points)

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