Question: Please show work! Use the following information for the next 2 questions: Forecast of demand 400 units/day Daily forecast error, standard deviation 23 units Lead

Please show work! Use the following information

Please show work!

Use the following information for the next 2 questions: Forecast of demand 400 units/day Daily forecast error, standard deviation 23 units Lead time 3 days Carrying Costs 20% Purchase price, delivered $50 per unit Replenishment order cost $250 per order Probability of being in stock during lead time 80% What is s' (the standard deviation of demand during lead time)? (slides 25-28) O 14.3 units O 39.8 units O 8.3 units O 56.2 units 47.7 units O 11.9 units O 4.2 units

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