Question: Please use Excel. Question 3 2 pts Gap has 206 retail stores across the U.S.. Daily demand for a special edition jeans at each Gap

Please use Excel. Please use Excel. Question 3 2 pts Gap has 206

Question 3 2 pts Gap has 206 retail stores across the U.S.. Daily demand for a special edition jeans at each Gap store is identically distributed following normal distribution with a mean of 52 and a standard deviation of 30. Gap manages all inventories using a continuous review policy and the supply lead time is 14 days. Gap is targeting a service level of 98% (use Z=normsinv(98%)=2.05 in your calculation). Gap plans to remove the special edition jeans from retail stores and starts to sell it through the centralized online store Gap.com How much reduction in safety stock of this special edition jeans should Gap expects by moving its sales online? Input numbers only, keep 3-decimal if not exact, either round up or down is ok

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