Question: It is a question pf the inventory management course.Please write the transaction im detail. would be glad if you do the operations on paper step

It is a question pf the inventory management

It is a question pf the inventory management course.Please write the transaction im detail. would be glad if you do the operations on paper step by step. This is a homework question. Thank you.

Problem 1 The lead-time demand for an item is normally distributed with mean 300 and standard deviation 100. a) Set Service level 1 to 75, 85, and 95 percent. Determine the corresponding safety stocks. b) Set the Z value to 1. Determine Fill rate (Service level2 ) for EOQ= 100, 500, and 1000. c) Assume that the average demand per week is 25 and 100, respectively. Let the safety stock be determined as the average demand during three weeks. Determine the corresponding values of service level 1

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