Question: MUST ANSWER ALL QUESTIONS Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your

MUST ANSWER ALL QUESTIONS

Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal distribution with a mean of 105 gallons per week and a standard deviation of 19 gallons per week. The new manager desires a service level of 70 percent. Lead time is 6 days, and the dairy is open seven days a week (Hint: work in terms of weeks).

What is the Z value for the desired service level?

How many (fraction of) "weeks" is the lead time?

If we use a continuous inventory system, what safety stock level would be consistent with the desired service level?

If we use a continuous inventory system, what ROP would be consistent with the desired service level?

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