Question: Target has opened a new store. For a new item, the manager has been told to expect weekly demand of 2000 and a standard deviation

  1. Target has opened a new store. For a new item, the manager has been told to expect weekly demand of 2000 and a standard deviation of 100. The manager will monitor the inventory periodically every 2 weeks. There is a replenishment lead time to the new store every 7 weeks. The desired customer service level is 95%. (z=1.64)

    Based on the above data, the desired safety stock is closest to

    a.

    515
    b.

    233
    c.

    329
    d.

    492

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