Question: Hello, I am working on the below question and it seems my members have a mix answer, which answer is correct and why? Answer 1

Hello,

I am working on the below question and it seems my members have a mix answer, which answer is correct and why?

Answer 1 received: a) 91.05 b) 691.05

Answer 2 received: a) 106.6 b) 706.6

Hello, I am working on the below question and it

21. Given the following information: L042 Expected demand during a lead time = 600 kg Standard deviation of demand during a lead time = 52 kg Demand during a lead time is distributed Normally. Acceptable stock-out risk during a lead time = 4 percent a. What amount of safety stock is appropriate? b. At what level of inventory should this item be reordered

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