Question: 4. Suppose a store's towel inventory is managed with a periodic review system and the vendor visits every week (reorder period - 7 days) to

4. Suppose a store's towel inventory is managed
4. Suppose a store's towel inventory is managed with a periodic review system and the vendor visits every week (reorder period - 7 days) to check the inventory and make an order. Once the order is placed, the lead time is three days. Suppose that over the reorder period plus lead time the demand for a popular item averages 80 with a standard deviation of 10. If a service level of 99% is desired and 30 units are on hand, then how many of the popular item should be ordered? Number to order =

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