Question: Average daily demand for a product is normally distributed with a mean of 6 units and a standard deviation of 2 units. Lead time is

Average daily demand for a product is normally distributed with a mean of 6 units and a standard deviation of 2 units. Lead time is fixed at 2 days. What is the safety stock if the service level is 80%? Answer to two decimal places.

Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 2 units. Lead time is fixed at 8 days. What is the reorder point if service level is 80%? Answer to 2 decimal places.

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