Question: Given this information: Expected demand during lead time = 280 units Standard deviation of lead time demand = 14 units Use Table Determine each of

Given this information: Expected demand during
Given this information: Expected demand during
Given this information: Expected demand during lead time = 280 units Standard deviation of lead time demand = 14 units Use Table Determine each of the following, assuming that lead time demand is distributed normally a. The ROP that will provide a risk of stockout of 2 percent during lead time. (Round your answer to the nearest whole number.) ROP units b. The safety stock needed to attain a 2 percent risk of stockout during lead time. (Do not round intermediate calculations. Round your answer to the nearest whole number.) Safety stock c-1. Would a stockout risk of 3 percent require more or less safety stock than a 2 percent risk? units More Less c-2. Would the ROP be larger, smaller, or unaffected if the acceptable risk were 3 percent instead of 2 percent? O Larger Smaller Unaffected ,00 .01 .02 .03 .04 .05 ,06 .07 .08 .09 0 .1 2. 3 4 5000 5398 5793 6179 6554 5040 5438 5832 .6217 5080 5478 5871 6255 5628 5120 5517 5910 6293 6664 5160 5557 5948 6331 6700 5199 5596 5987 6368 6736 5239 5636 6026 5405 6772 5279 5675 5064 6443 6808 5319 5714 5103 5480 6844 5259 5753 6141 6517 6879 6591 7088 .7422 lebo in 6 .7 8 6915 7257 .7580 7881 8159 6950 7291 .7611 .7910 8186 6985 7324 7642 .7939 8212 7019 7357 7673 7967 8238 7054 7389 7703 7995 8264 7734 7123 .7454 7764 8051 B315 7157 7486 7794 8078 8340 7190 .7517 .7823 8106 8365 .7224 .7549 .7852 8133 8389 8023 8289 10 1.1 12 1.3 14 8413 8643 8849 9032 9192 8438 8665 8869 9049 9207 8461 8686 8888 9066 9222 8485 8708 8907 9082 9236 8SOB 8729 8925 .9099 9251 8531 8749 8944 9115 9265 8554 8770 8962 9131 9279 8577 .8790 8980 9147 9292 8599 8810 8997 9162 9305 8621 8830 9015 9177 9319 S441 1.5 15 17 18 19 9332 9452 9554 9641 9713 9345 9483 9564 9649 9719 9357 9474 9573 9656 9726 .9370 9484 9582 .9654 9732 9382 9495 9591 9571 9738 9394 9505 9599 9678 9744 9406 9515 9608 9686 9750 9418 9525 9616 9693 9756 9429 9535 9625 9545 9633 9706 9767 9761 20 2.1 2.2 23 24 9772 9821 9861 .9778 3828 9864 9895 9920 9783 9830 9858 9898 9922 9788 9834 9871 9901 9925 9793 9838 9875 9904 .9927 9798 9842 9878 9906 9929 9803 9846 9881 9909 9931 9808 9850 9884 9911 9932 9812 9854 9887 9913 9834 9817 9857 9890 9916 9836 9918 25 26 27 2.8 29 9938 9953 9965 9974 9981 9940 9955 9966 9975 .9982 9941 9956 9967 9976 9982 9943 9957 9988 9977 9983 9945 9959 9969 9977 9954 .9946 9960 9970 9978 9984 9948 9961 9971 9979 9985 9949 9962 9972 9979 9985 9963 9973 9980 9986 9952 9964 9974 9987 9985 9868 9988 9992 9989 0666 9992 3.0 3.1 3.2 3.3 34 9987 9990 9993 9995 9997 9987 9991 9993 9995 9997 9987 9991 9994 9995 9997 9991 9994 9996 9997 9994 9989 9992 9994 9996 9997 9989 9992 9994 9996 9997 9990 9993 9995 9996 9997 9995 9996 9995 9997 9998 9997

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