Question: Question Completion Status question 29 Similar to the last problem -- but the data has likely changed. Answer this question using only the data presented

Question Completion Status question 29 Similar to the last problem -- but the data has likely changed. Answer this question using only the data presented here. SMC produces steel T-brackets for sale to outside customers. Demand for the brackets is variable: average daily demand for the brackets is 400, with a standard deviation of 90. over the 310 days of operation in a year. The brackets cost $0.75 each, holding cost is 50.15 per bracket per year, and production setup costs are $200 per order. Lead time to produce a batch of t-brackets is 4 days. SMC desires to have sufficient stock to cover demand over lead time 98% of the time. What is the correct reorder point for t-brackets? Use Appendix E in the text to find the correct value of Z a. 1.600 b. 2,715 c. 1,969 d. 1.089 e. 912 o f. 1.458 Moving to another question will save this response
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