Question $20$

Using the fixed$-$time$-$period inventory model, and given an average daily demand of $75$ units, $10$ days between inventory reviews, $2$ days for lead time, $50$ units of inventory on hand, a service probability of $95$ percent, and a standard deviation of demand over the review and lead time of $8$ units, which of the following is the order quantity?

$863$

$948$

$1,044$

$1,178$

$4,510$