Question: Question 19 (4 points) Terminator Electronics operates 360 days per year and uses a P-model for one of its SKUs. Currently, 1100 units of inventory

Question 19 (4 points) Terminator Electronics
Question 19 (4 points) Terminator Electronics operates 360 days per year and uses a P-model for one of its SKUs. Currently, 1100 units of inventory are on hand. Daily demand has been forecast to be 300 units, with a standard deviation 100 units. The order interval is 12 days and order lead time is 4 days. Terminator desires to maintain a service level of 98 percent for this item. It is time to place an order. Which one of the following responses is closest to the appropriate order quantity? 11,956 4,007 4,521 1,728,558

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