****** I NEED HELP WITH PART B!!!!*******

b. Compare the level of inventory necessary at the beginning of each week (assuming no additional inventory will be added during the week) to have only one stock out in four years on a weekly basis with a 50 week year

4. One of the products made by the Hutton Company is ball joints for automobiles. A university graduate has been forecasting demand. The results of the past 12 months are shown on the next page. The manager is considering cutbacks and wonders if forecasting is any more effective in reducing inventory than simply taking an aver- age figure from the previous 12 weeks. a. Compare the level of inventory necessary at the 99.0% service level between forecasting and averaging, Inventory Planning and Control Week Forecast Actual 1 1200 1200 2 1255 1250 3 1260 1250 4 1300 1290 5 1320 1330 6 1320 1330 7 1300 1315 8 1280 1290 9 1260 1255 10 1240 1240 11 1220 1230 12 1200 1190 b. Compare the level of inventory necessary at the beginning of each week (assuming no additional inventory will be added during the week to have only one stockout in four