Question: Chapter 12 Problem 2 1 Problem 12-20 (Algo) 50 points Given this information: Lead-time demand = 610 pounds Standard deviation of lead time demand 50

Chapter 12 Problem 2 1 Problem 12-20 (Algo) 50 points Given this information: Lead-time demand = 610 pounds Standard deviation of lead time demand 50 pounds (Assume normality.) Acceptable stockout risk during lead time = 4 percent Use Table Book a. What amount of safety stock is appropriate? (Round your answer to the nearest whole number) Print References Safety stock units b. How much of this item should be reordered? (Round your answer to the nearest whole number.) ROP units c. What risk of stockout would result from a decision not to have any safety stock? Stockout risk %

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