Question: Chapter 1 2 , problem 2 4 . One item a computer store sells is supplied by a vendor who handles only that item. Demand

Chapter 12, problem 24.
One item a computer store sells is supplied by a vendor who handles only that item. Demand for that item recently changed, and the store manager must determine when to replenish it. The manager wants a probability of at least 96 percent of not having a stockout during lead time. The manager expects demand to average a dozen units a day and have a standard deviation of two units a day. Lead time is variable, averaging four days with a standard deviation of one day.
What is the proper Z value corresponds to this stockout requirement?
1.645
1.75
2.33
2.46

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