Question: Problem 13-19 Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand = 22 units Use Table Determine

Problem 13-19 Given this information: Expected
Problem 13-19 Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand = 22 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 2 percent during lead time. (Round your answer to the nearest whole number.) ROP units b. The safety stock needed to attain a 2 percent risk of stockout during lead time. (Do not round intermediate calculations. Round your answer to the nearest whole number.) Safety stock units c-1. Would a stockout risk of 3 percent require more or less safety stock than a 2 percent risk? More Less c-2. Would the ROP be larger, smaller, or unaffected if the acceptable risk were 3 percent instead of 2 percent? Smaller Larger

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