Question: please answer both questions Question 8 (2.5 points) Daily demand for a product is 25 units with a standard deviation of 4 units. The review

please answer both questions

Question 8 (2.5 points) Daily demand for a product is 25 units with a standard deviation of 4 units. The review period is 28 days and lead time is 15 days. Management has set a policy of satisfying 98.214% of demand from safety stock. At the beginning of this review period there are 150 units in inventory. How many units should be ordered? 0702 587 982 971 Question 9 (2.5 points) Consider the following item that is being managed using a fixed-time period model with safety stock. Weekly demand = 85 units, Review cycle = 5 weeks, Safety stock 43 units, and 1 year = 45 weeks. What is the inventory turns for the item? 35 18 32 15

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