Question: #3 Can anyone solve this? Given this information: Expected demand during lead time =310 units Standard deviation of lead time demand =28 units Use Iable.
#3
Given this information: Expected demand during lead time =310 units Standard deviation of lead time demand =28 units Use Iable. Determine each of the following, assuming that lead time demand is distributed normally: a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.) b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do not round intermedlate calcufations, Round your answer to the nearest whole number.) c-1. Would a stockout risk of 3 porcent recuire more or less safety stock than a 1 percent risk Can anyone solve this?
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