Question: Question 3 5 pts To answer this question you will need to use the table below We manage a particular inventory item with a Periodic

Question 3 5 pts To answer this question you will
Question 3 5 pts To answer this question you will need to use the table below We manage a particular inventory item with a Periodic Review System. We review our inventory position every 17 days. Lead time for this item is equal to 4 days. Dally demand for this item is normally distributed with a mean of 60 and a standard deviation of 9 units. We have determined that an 11.51% risk of a stockout is acceptable. If it is time to order this item, and our current on-hand inventory is 395 units, how many units should we order? (Round to 2 decimal places) Z GIZ Z GIZ) Z G(Z) Z GIZ) 0.25 05987 0.75 125 0.8944 1.75 0.9599 0.30 0.7734 0.7881 0.6179 0.80 1,30 0.9032 0.9641 0.35 0.6368 0.85 1.80 1.85 0.8023 1.35 0.9115 0.9678 0.40 0.6554 0,8159 1.40 0.90 0.95 1.90 0.9713 0.45 1.45 0.9192 0.9265 0.9332 0.8289 0.1413 1.95 0.6736 06915 0.7088 0.9744 0.50 1.00 1.50 2.00 0.9772 055 1.05 0.8531 155 0.9394 0.60 0.9798 1.10 0.8643 0.7257 07422 2.05 2.10 1.60 1.65 0.9821 0.05 0,70 1.15 0.8749 0.9452 0.9505 2.15 0.9842 0.7580 1.20 0.8849 1.70 0.9554 2.20 0.9861

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