Given the following data:

• Average demand during lead time = 53 units
• Variance of demand during lead time = 64 units
• Lead time = 9 days

If safety stock = 24 units, what is the service level being provided and the corresponding ROP?

		Service Level = 99.70%; ROP = 77
		Service Level = 99.85%; ROP = 77
		Service Level = 95.5%; ROP = 53
		Service Level = 97.5 %; ROP = 77
		Service Level = 84.0%; ROP = 53