Chapter 12, problem 26. A small copy center uses five 500-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five boxes per week and a standard deviation of one-half box per week. Two weeks are required to fill an order for letterhead stationery. If the copy center wants to have a stockout rate that is no more than 1%, what should be the reorder point? Chapter 12, problem 26. A small copy center uses five 500-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five boxes per week and a standard deviation of one-half box per week. Two weeks are required to fill an order for letterhead stationery. To reduce the inventory cost, the company decides to shorten the FOI review cycle from 7 weeks to 4 weeks. What will be the order quantity if the on hand inventory is 12 box at the review time if we maintain the service level as the same? A small copy center uses five 500-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five boxes per week and a standard deviation of one-half box per week. Two weeks are required to fill an order for letterhead stationery. To reduce the inventory cost, the company decides to shorten the FOI review cycle from 7 weeks to 4 weeks. What percentage of inventory holding cost can be saved if it maintains the same service level