Consider the following data. Inventory Item Average Demand (Annual) Sigma (Std. Dev.) of Demand During Lead Time Item Unit Cost F-11001 15,000 100 $250.00 K-12002 100,000 300 $2.00 L-13003 250,000 200 $0.20 N-14004 300,000 400 $1.00 P-21001 50,000 60 $125.00 S-22002 80,000 75 $30.00 Note: All items are independent demand items. Based on the above data: * Calculate the safety stock quantities and the inventory cost associated with safety stock (based on the item unit cost) for the inventory items at four different service levels (50%, 80%, 90%, and 95%). * Develop a table to present the inventory quantities and the safety stock costs at each service level. * Assuming that demand occurs at a steady pace every month (in other words, there is no seasonality or cyclical change in the level of demand), calculate the reorder point for each item assuming a lead time of two months and a service level of 90%. * Develop a table to present the reorder points for all products under these conditions (two month lead time and service level of 90%). Submission Details: * Submit your report in a three-page Word document, using APA formation. *Please see attached photo for data in chart form*

Consider the following data Inventory Average Sigma (Std. Dev.) of Item Unit Cost Item Demand Demand During Lead (Annual) Time F-11001 15,000 100 $250.00 K-12002 100,000 300 $2.00 L-13003 250,000 200 $0.20 N-14004 300,000 400 $1.00 ........ P-21001 50,000 60 $125.00 S-22002 80,000 75 $30.00