Question: Please show formulas in excel Weekly demand for a particular product averages 160 units, with a standard deviation of 6. This item is managed with
Please show formulas in excel
Weekly demand for a particular product averages 160 units, with a standard deviation of 6. This item is managed with a fixed-order-interval model. The order interval is 4 weeks and has a certain lead time of one week. The desired service level is 95 percent. Assume it is now time to place an order, and there are 32 units on hand. How many units should be ordered? (10 pts)
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