Question: Inventory management problems (formulas and probability table previously provided) Utilize the following data for these questions. Be sure to show your work. Submit either a

Inventory management problems (formulas and

Inventory management problems (formulas and probability table previously provided) Utilize the following data for these questions. Be sure to show your work. Submit either a copy of this document (or a picture or pdf) with your calculations and answers, or submit a picture or pdf of your work on plain paper. Clearly list the question number. forecast demand rate: 200 units/month Lead-time (assume a 4 week month): 2 weeks (0.50 month) Standard deviation of demand: 30 units/month Remember to assume a 4-week month 1. What would be the reorder point for a 85% service level

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