Question: Problem 12-19 (Algo) Given this information: Expected demand during lead time = 320 units Standard deviation of lead time demand = 34 units Use Table

Problem 12-19 (Algo) Given this information:
Problem 12-19 (Algo) Given this information:
Problem 12-19 (Algo) Given this information: Expected demand during lead time = 320 units Standard deviation of lead time demand = 34 units Use Table Determine each of the following, assuming that lead time demand is distributed normally: a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.) ROP 390 units b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do not round intermediate calculations. Round your answer to the nearest whole number.) Safety stock units 0 Z ,00 .01.02 1.03 .04 .05 .06.07 'N .08 .09 0 .1 2 3 .4 5000 5398 5793 .6179 6554 .5040 5438 .5832 .6217 .6591 5080 5478 5871 .6255 .6628 5120 5517 5910 6293 6664 5160 .5557 .5948 .6331 .6700 5199 .5596 .5987 .6368 .6736 .5239 .5636 .6026 6406 .6772 5279 5675 .6064 .6443 .6808 5319 5714 6103 6480 6844 .5359 .5753 .6141 .6517 .6879 .6985 7324 .6915 7257 7580 7881 8159 .6950 .7291 .7611 .7910 8186 7642 .7019 7357 .7673 .7967 .8238 .7054 .7389 .7703 .7995 8264 .7088 .7422 .7734 .8023 8289 .7123 .7454 .7764 8051 8315 7157 .7486 .7794 8078 8340 .7190 .7517 .7823 .8106 8365 .7224 .7549 .7852 8133 8389 .7939 .8212 1.0 1.1 1.2 1.3 1.4 8413 8643 8849 9032 .9192 8438 .8665 .8869 9049 .9207 .8461 8686 .8888 .9066 9222 8485 8708 8907 .9082 9236 .8508 .8729 .8925 9099 .9251 .8531 .8749 .8944 9115 9265 .8554 .8770 8962 .9131 .9279 8577 8790 8980 9147 9292 8599 8810 8997 9162 9306 8621 8830 9015 9177 9319 1.5 1.6 1.7 1.8 1.9 9332 9452 9554 9641 9713 9345 .9463 .9564 .9649 9719 9357 .9474 9573 9656 9726 9370 9484 9582 9664 9732 9382 9495 9591 .9671 .9738 .9394 .9505 9599 .9678 .9744 .9406 .9515 .9608 9686 .9750 9418 9525 9616 9693 9756 9429 9535 9625 9699 9761 .9441 9545 .9633 9706 .9767 2.0 21 2.2 23 24 9772 9821 9861 9893 9918 .9778 9826 9864 9896 9920 9783 9830 .9868 9898 9922 9788 9834 5871 9901 9925 .9793 .9838 .9875 9904 9927 .9798 9842 9878 .9906 9929 .9803 .9846 .9881 .9909 9931 9808 9850 .9884 9911 9932 9812 9854 9887 9913 9934 9817 9857 9890 .9916 9936 9838 9951 25 2.6 27 28 29 .9940 9955 9966 .9975 9982 9953 9965 9974 9981 .9941 9956 9967 9976 9982 9943 9957 9968 9977 .9983 .9945 .9959 9969 .9977 9984 9946 9960 9970 9978 9984 .9948 9961 9971 9979 9985 9949 9962 9972 9979 9985 9973 .9986 9952 .9964 9974 9981 9986 9990 9993 .9995 9997 9990 3.0 3.1 3.2 3.3 34 9987 9990 9983 9995 9997 9987 9991 9993 9987 9991 9994 9995 9997 9988 9991 9994 9996 9997 9988 .9992 .9994 9996 9997 9989 .9992 .9994 .9996 9997 9989 .9992 .9994 .9996 .9997 9989 9992 9995 9998 9997 9995 9996 9997 9997 MacBook Pro

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