Question: Please answer all the letter and round correctly. Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand

Please answer all the letter and round correctly.

Given this information:

Expected demand during lead time = 300 units Standard deviation of lead time demand = 30 units Use Table. Determine each of the following, assuming that lead time demand is distributed normally:

A- The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.)

B- The safety stock needed to attain a 1 percent risk of stockout during lead time. (Round your answer to the nearest whole number.)

C-1. Would a stockout risk of 2 percent require more or less safety stock than a 1 percent risk? Less or More

C-2. Would the ROP be larger, smaller, or unaffected if the acceptable risk were 2 percent instead of 1 percent? Larger, Smaller, unafffected?

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