Question: B. What should be the target inventory level if the firm desires 97.5 percent stockout protection? C. If 350 units were in stock at the

B. What should be the target inventory level if the firm desires 97.5 percent stockout protection?
C. If 350 units were in stock at the time of a periodic review, how many units should be ordered?
Nationwide Auto Parts uses a periodic review inventory control system for one of its stock items. The review interval is 4 weeks, and the lead time for receiving the materials ordered from its wholesaler is 2 weeks. Weekly demand is normally distributed, with a mean of 125 units and a standard deviation of 25 units. Refer to the standard normal table for z-values. a. What is the average and the standard deviation of demand during the protection interval? The average demand during the protection interval is units. (Enter your response as an integer.)
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