Question: Only need help with B. b. If the distributor wants a 90 percent service probability, what reorder point, R, should be used? (Use Excel's NORMSINV()

Only need help with B.

b. If the distributor wants a 90 percent service probability, what reorder point, R, should be used? (Use Excel's NORMSINV() function to find the correct critical value for the given a-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.)

A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries. The following data refer to a specific refrigerator in its product line: Consider an even daily demand and a 365-day year. o. What is the economic order quantity? (Round your answer to the nearest whole number.) b. If the distributor wants a 90 percent service probability, what reorder point, R, should be used? (Use Excel's NORMSINV() function to find the correct critical value for the given -level. Do not round intermediate calculations. Round " z " value to 2 decimal places and final answer to the nearest whole number.)

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