Consider the following eight items, each with a unique SKU. The storage requirements (in slot) for...

  

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Consider the following eight items, each with a unique SKU. The storage requirements (in slot) for each item are normally distributed, as is shown in Table below. SKU Mean "slots" needed Standard deviation 1 70 15 55 15 3 85 25 4 45 10 45 50 6 60 13 7 75 20 40 12 2. LO CO 1. Assume that each slot has the same size. 2. Assume there are two classes, with class 1 having SKUS 1, 2, 3 and 4 assigned to it and class 2 having the remaining SKUS. Determine the amount of dedicated space that would be needed for the three different storage policies: Dedicated, Randomized and Class-based Storage under a 85% and then 95% service level. Compare the results you get and discuss your findings. Consider the following eight items, each with a unique SKU. The storage requirements (in slot) for each item are normally distributed, as is shown in Table below. SKU Mean "slots" needed Standard deviation 1 70 15 55 15 3 85 25 4 45 10 45 50 6 60 13 7 75 20 40 12 2. LO CO 1. Assume that each slot has the same size. 2. Assume there are two classes, with class 1 having SKUS 1, 2, 3 and 4 assigned to it and class 2 having the remaining SKUS. Determine the amount of dedicated space that would be needed for the three different storage policies: Dedicated, Randomized and Class-based Storage under a 85% and then 95% service level. Compare the results you get and discuss your findings.