Question: please show work Problem 3 (13 points): 1. At BPH, the average demand is 10 boxes per day, with a standard deviation of 2. There

please show work please show work Problem 3 (13 points): 1. At

Problem 3 (13 points): 1. At BPH, the average demand is 10 boxes per day, with a standard deviation of 2. There is a lead time of 7 days to receive boxes from the supplier. The manager of hospital supplies wants to maintain a 90% service level. The boxes cost $10 cach, the fixed set up cost is $50 per order, and the holding cost is 15% per year. a. What is the safety stock required to achieve this 90% service level? b. What is the associated re-order point? c. What is the economic order quantity (EOQ)

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