Question: In a continuous review inventory system, the lead time for door knobs is 3 days. The standard deviation of demand per day is 27 units

 In a continuous review inventory system, the lead time for door

In a continuous review inventory system, the lead time for door knobs is 3 days. The standard deviation of demand per day is 27 units and the demand per day is 39 units. The desired cycle-service level is 65 percent. The supplier of door knobs streamlined its operations and now quotes a one-day lead time. How much can safety stock be reduced without reducing the 65 percent cycle-service level? Round/report the safety stock values to two (2) decimal places. Do not round your intermediate calculations. Do not include units

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