Question: Question 15 2 pts Use this information for the next five questions: Pete Carrol manages pharmaceutical suppliers at General Hospital (CGH). During 2020, average forecasted

Question 15 2 pts Use this information for the next five questions: Pete Carrol manages pharmaceutical suppliers at General Hospital (CGH). During 2020, average forecasted daily demand for N95 masks has been 20 cases. The forecast error standard deviation is 8 cases per day. The average lead time for this item is 14 days with a standard deviation of lead time of 2 days. The item cost is $140 per case, associated annual inventory carrying cost is 27% of the item cost and ordering cost is $20. The Hospital has a targeted service level of 99% for these bandages. CGH is open 365 days per year. (a) What is the average lead time demand? 2 pts Question 16

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