Question: Answer questions 4 - 5 based on the following information: An ice cream shop sells an average of 7 0 0 cups of ice cream

Answer questions 4-5 based on the following information:
An ice cream shop sells an average of 700 cups of ice cream per week. The shop works 7 days a week. Lead time is 4 days. Demand appears normally distributed with a standard deviation of 5 cups per day. The acceptable risk of stock out is 10%.
Flag question: Question 4
Question 41 pts
What is the average daily demand?
Group of answer choices
4
7
700
100
Flag question: Question 5
Question 51 pts
Based on the fixed order quantity model, what should be the reorder point? The reorder point should be an integer.
Group of answer choices
413
400
387
2813

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