Question: Question 28 (1 point) (Same problem data.) Eagle Appliances operates 360 days per year and uses a P- model to manage their bench stock of

Question 28 (1 point) (Same problem data.) Eagle Appliances operates 360 days per year and uses a P- model to manage their bench stock of 1/8" rivets, which are used to make many of their products. Daily demand averages 300 units and the standard deviation of daily demand is 100 units. Their order interval (P) is 12 days and their supplier's lead time is 4 days. Their desired service level is 98% and they currently have 1,100 units on hand. It is time to place an order. Which of the following responses is closest to the quantity they should order? 1) 4,007 2) 4,521 3) 11,956 4) 1.728,558

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