Question: Problem 13 - 31 A drugstore uses fixed- order cycles for many of the items it stacks . The manager wants a service level of

 Problem 13 - 31 A drugstore uses fixed- order cycles for

Problem 13 - 31 A drugstore uses fixed- order cycles for many of the items it stacks . The manager wants a service level of 98 . The order interval is 1 1 days , and lead time is 2 days . Average demand for one item is $5 units * per day , and the standard deviation of demand is 5 units per day . Given the on- hand inventory at the reorder time for each order cycle shown in the following table . USE Table. Cycle On Hand 4 4 104 Determine the order quantities for cycles 1 . 2 and 3: ( Found your answers to the nearest whole* number* Cycle Units 1 851 + 1 8.24 + 1 791 + 1

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