Question: Given this information: Expected demand during lead time =280 units Standard deviation of lead time demand =16 units Use Table. Determine each of the following.

Given this information: Expected demand during lead time =280 units Standard deviation of lead time demand =16 units Use Table. Determine each of the following. assuming that lead time demand is distributed normally: o. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.) b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do not round Intermedlate calculatlons. Round your onswer to the nearest whole number.) c-1. Would a stockout risk of 2 percent require more or less safety stock than a 1 percent risk? Less More c-2. Would the ROP be larger, smaller, or unaffected if the acceptable risk were 2 percent instead of 1 percent? Smaller Larger Unaffected
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