Question: 3. Given the following data for five inventory items at a local hardware outlet (open 310 daywyear). complete the table by determining the expected demand

3. Given the following data for five inventory
3. Given the following data for five inventory
3. Given the following data for five inventory items at a local hardware outlet (open 310 daywyear). complete the table by determining the expected demand during the period of vulnerability, the safety stock and the quantity that should be ordered. The store places orders every thirty days and has a six day lead time. Be sure to show your work for full credit. Item Average Standard Service Inventory Expected Safety stock Order daily Deviation level Currently demand during quantity demand of daily (%) on Hand T+L demand Safety stock Item Average Standard Service Inventory daily Deviation level Currently demand of daily (%) on Hand demand Expected demand during T+L Order quantity 0.75 0.5 90 2 B 5 2 99 0 20 4 95 300 D 10 3 85 20 E 1 25 50 15

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