Question: Please show work so that I can understand :) Problem 3: To maintain inventory, a local pharmacy orders antibiotics every week (every 7 days), and

Please show work so that I can understand :) Problem 3: To

Please show work so that I can understand :)

Problem 3: To maintain inventory, a local pharmacy orders antibiotics every week (every 7 days), and it takes 3 days for orders to arrive. One of their most common antibiotics has an average daily demand of 1400 capsules. There are currently 800 capsules in stock. The standard deviation of daily demand was derived from examining prescriptions filled over the past three months and was found to be 480 capsules. The pharmacy has a service level objective to satisfy 99 percent of the prescriptions from available stock. It is time to place the next order of the antibiotic. Based on a Fixed-Time Period Model, how many capsules should be ordered

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