Question: As an operations manager, you have learned that average weekly demand is 4 8 units per week with a standard deviation of 8 units. You

As an operations manager, you have learned that average weekly demand is 48 units per week with a standard deviation of 8 units. You believe that your service level should be 94 percent. Lead time is two weeks. You do an inventory review every Friday to place an order.
a) Determine the required safety stock and the target (Max) inventory level.
b) Its Friday and you are about to place a replenishment order. Now the inventory level is 100 units. How much do you have to order?

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