Question: Problem 12-19 (Algo) Given this information: Expected demand during lead time-270 units Standard deviation of lead time demand = 12 units Use Table Determine each

Problem 12-19 (Algo) Given this information:
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-270 units Standard deviation of lead time demand = 12 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 units b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do not round intermediate calculations. Roun your answer to the nearest whole number.) Safety to units 16:50 OK chces c.1. Would a stockout risk of 2 percent require more or less safely stock than a 1 percent risk? O Less More c-2. Would the ROP be larger, smaler, or unaffected if the acceptable risk were 2 percent instead of percent? w

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