Question: Given the following information: Expected demand during a lead time = 320 units Standard deviation of demand during a lead time = 28 units Demand

Given the following information: Expected demand during a lead time = 320 units Standard deviation of demand during a lead time = 28 units Demand during a lead time is distributed Normally: Refer: z-values.

a. Determine the safety stock needed to attain a 1 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 2 percent require more or less safety stock? 2% stock out risk (Click to select) (Click to select)

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