Question: Be sure to show your work. Submit either a copy of this document (or a picture or pdf) with your calculations and answers, or submit

Be sure to show your work. Submit either a copy

Be sure to show your work. Submit either a copy of this document (or a picture or pdf) with your calculations and answers, or submit a picture or pdf of your work on plain paper. Clearly list the question number. forecast demand rate: 250 units/month Lead-time (assume a 4 week month): 3 weeks (0.75 month) Standard deviation of demand: 50 units/month Remember to assume a 4-week month 1. What would be the reorder point for a 88% service level? 2. If the lead time is cut in half, but all other factors remain unchanged from the prior question, the reorder point will become 3. For the original lead-time of three weeks (0.75 month), it is desired to increase the service level to 95%. Safety stock will increase by about percent compared to the amount needed for a 88% service level

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