Question: Given the following information: Expected demand during a lead time = 370 units Standard deviation of demand during a lead time = 36 units Demand

Given the following information:

Expected demand during a lead time = 370 units

Standard deviation of demand during a lead time = 36 units

Demand during a lead time is distributed Normally:

Refer: z-values.

a. Determine the safety stock needed to attain a 5 percent risk of stockout during a lead time. (Round the final answer to the nearest whole number.)

Safety stock units

b. Would a stockout risk of 10 percent require more or less safety stock?

10% stock out risk

(Click to select) smaller larger z

(Click to select) more less SS

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