Question: SHOW EXCEL FORMULAS FOR CROSS REFERENCING Weekly demand for a particular product averages 120 units, with a standard deviation of 8. This item is managed

SHOW EXCEL FORMULAS FOR CROSS REFERENCING

Weekly demand for a particular product averages 120 units, with a standard deviation of 8. This item is managed with a fixed-order-interval model. The order interval is 4 weeks, and this item has a certain lead time of one week. The desired service level is 97 percent. Assume that it is now time to place another order, and there are 61 units on hand. How many units should be ordered?

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