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PROBLEM SITUATION #4 Davidson Hardware stocks an expensive composite-based plaster patching compound, currently classified "A" which is controlled by continuous review. Demand is variable, with an average of 6 pounds per week and a standard deviation of 2 pounds per week. Lead time is constant at one week. The firm's current management of the product calls for a safety stock of one (1) pound. 1. pounds. a. The current reorder point for this product is 5 b. 7 c. 6 d. 8 none of the above e. 2. The current cycle-service level is a. 0.5 b. 1.29 c. 0.8413 d. 0.6915 none of the above e. 3. If Davidson wanted to change the safety stock so that the cycle-service level became 90 percent, the new reorder point would be a. 6 b. 9.3 c. 8.6 d. 8 e. none of the above