Question: QUESTION 8 Weekly demand for a product is normally distributed with a mean of 58 and a standard deviation of 12. Demands are independent across

QUESTION 8 Weekly demand for a product is normally distributed with

QUESTION 8 Weekly demand for a product is normally distributed with a mean of 58 and a standard deviation of 12. Demands are independent across weeks. Orders are placed weekly and the lead time to receive an order is 1 week. The company wants to hold enough product to ensure a 99% in-stock probability. If they use an order up-to model, what base stock level should they implement? (report your answer as an integer)

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