Question: Question 6 (2.5 points) Saved Daily demand for a product is normally distributed with a mean of 115 and a standard deviation of 10. Assume

Question 6 (2.5 points) Saved Daily demand for a product is normally distributed with a mean of 115 and a standard deviation of 10. Assume sales occur over 275 days per year. Find the order quantity for a 97.128% probability of not stocking out during lead time. Lead time is constant at 7 days. The cost of placing an order is $19 and annual holding cost is $3 per unit 633 864 597 975 Question 7 (2.5 points) Saved What is the re-order point for problem 6? 330

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