Question: Given the service level you found in the previous problem, what K value would be appropriate to use to manage the inventory levels? Remember, a

Given the service level you found in the previous
Given the service level you found in the previous
Given the service level you found in the previous problem, what K value would be appropriate to use to manage the inventory levels? Remember, a new logistics analyst indicates the cost of a back order is $70 for our Autographed Footballs. Other key data is below: Football cost $200 5000 units $250 40% Annual Demand Cost per Order Cost to hold the item per year Economic order quantity Lead Time Standard Deviation of Forecasted Demand During Lead Time 177 2 weeks 20 Kto Service Level Conversion 0.00 0.01 k 0.02 0.03 0.04 0.05 0.08 0.09 0.06 0.07 0.5199 0.5239 0.5279 0.5080 0.5359 0.5319 0.0 0.5040 0.5000 0.5714 0.1 0.5398 0.5438 0.5753 0.5596 0.5636 0.5675 0.5478 0.6064 0.6103 0.2 0.6141 0.5793 0.6026 0.5832 0.5871 0.6217 0.6406 0.6443 0.6517 0.6179 0.6255 - 0.3 0.6480 0.6844 0.4 0.6879 0.6808 0.6554 0.6591 0.6772 0.6628 0.5 0.6950 0.5987 0.6368 0.6736 0.7088 0.7422 0.7734 0.8023 0.6915 0.6985 0.7224 0.7157 0.7123 0.7190 0.6 0.7549 0.7486 0.7517 0.7257 0.7291 0.7324 0.7454 0.7580 0.7794 0.7 0.7642 0.7611 0.7764 0.7823 0.7852 0.8 0.8051 0.8106 0.7939 0.8133 0.7881 0.7910 0.9 0.8159 0.8186 0.8389 0.8212 0.8289 0.8315 0.8365 0.5120 0.5160 0.5517 0.5557 0.5910 0.5948 0.6293 0.6331 0.6664 0.6700 0.7019 0.7054 0.7357 0.7389 0.7673 0.7704 0.7967 0.7995 0.8238 0.8264 0.8485 0.8508 0.8708 0.8729 0.8907 0.8925 0.9082 0.9099 0.9236 0.9251 0.9370 0.9382 0.9484 0.9495 0.9582 0.9591 0.9664 0.9671 0.9732 0.9738 1.0 0.8413 0.8438 0.8461 0.8531 0.8554 0.8621 0.8599 0.8810 1.1 0.8643 0.8665 0.8686 0.8749 0.8770 0.8830 0.8869 1.2 0.8888 0.8078 0.8340 0.8577 0.8790 0.8980 0.9147 0.9292 0.9418 0.9525 0.8849 0.8944 0.8997 0.8962 0.9015 1.3 0.9032 0.9049 0.9066 0.9115 0.9131 0.9162 0.9177 1.4 0.9207 0.9192 0.9222 0.9265 0.9278 0.9306 0.9319 1.5 0.9332 0.9357 0.9345 0.9394 0.9406 0.9429 0.9441 1.6 0.9452 0.9463 0.9474 0.9505 0.9515 0.9535 0.9545 0.9633 1.7 0.9564 0.9554 0.9573 0.9599 0.9608 0.9616 0.9625 1.8 0.9656 0.9678 0.9686 0.9699 0.9641 0.9713 0.9649 0.9719 0.9693 0.9756 0.9706 0.9767 1.9 0.9726 0.9744 0.9750 0.9761 0 1.28 0 1.75 0 1.65 0 0.84

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