Question: Question 4 (4 points) ABC Inc, operates 360 days per year and uses a P-model to make inventory decisions about plastic pellets used in the

Question 4 (4 points) ABC Inc, operates 360 days per year and uses a P-model to make inventory decisions about plastic pellets used in the injection molding equipment that makes the cell phone cases. Daily demand has been forecast to be 300 units with a standard deviation of 100 units. The order interval is 12 days and order lead time is 4 days. ABC Inc. currently uses a safety stock level of 500 units for plastic pellets. What percentage is the approximate service level for this inventory item? 84.13 89.24 99.99 89.44

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