Question: please answer all and work 3. (10 points) Average demand for toilet plungers at Ace Hardware is 6 plungers per day with a standard deviation

please answer all and work

3. (10 points) Average demand for toilet plungers at Ace Hardware is 6 plungers per day with a standard deviation of 1.5 plungers per day. It takes the company 3 days lead time to receive an order for new plungers. a. What should reorder point be if they want to have level of service of 99.4%. Hang on to at least three places past the decimal even though it may not be realistic. ( 5 points) b. Using data on average and standard deviation of demand and lead time, if Safety Stock is set at exactly 3 plungers, what is level of service? ( 5 points) Values for Normal Tables

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