Reorder Point Lead Time - Demand during Lead Time + Safety Stock Reorder Point LD + ZVL*8D + D2 12 Management has instructed you to use a Z value of 2.33 for all safety stock calculations, which corresponds to ICE level (chance of running out of safety stock - 1% Solve the following problem... Dan's Dog Diner (DDD) is a low-key restaurant selling hot dogs and a long-time neighborhood favorite. ODD es un inventory of its best-selling product, the foot-long Frankfurter, in the freezer and reorders as needed when inventory umslow. Soncholy Dan's rule of thumb is to place another order when there are only 100 foot-longs lett. Average daily demand for the foot one Frankfurter is 30 units with a standard deviation of 10 units, and the average replenishment lead time is two days with a standard deviation of 1 day. Lately, Dan has noticed that he runs out of foot-long Frankfurters nearly three times a month.com average. Wanting to keep his customers happy, Dan decides to strive for a 99% in-stock rate service level) moving forward How many foot-longs should Dan maintain in safety stock to achieve this goal? (This question is not asking for reorder point- is asking for safety stock amount only). If your answer has any decimal value, round up for safety stock calculation. For example, 2.3 rounds up to 3.0