Question: E 2 Q4 Please answer all sections Thank you! Ken wants the probability of running out of dog food to be 0.03 . (a) If

E 2 Q4 Please answer all sections Thank you!

E 2 Q4 Please answer all sections Thank you! Ken wants the

Ken wants the probability of running out of dog food to be 0.03 . (a) If the current order point is 395 pounds, what is the resulting service level? (Enter your answer as a percent. Round your answer to two decimal places.) % (b) If Ken wants a service level of 97% for dog food, what should the order point be? (Round your answer to the nearest whole number.)

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