Question: This problem is based on Periodic Order Quantity or P-model. A company orders a certain product once every week (once in 7 days). Demand for

This problem is based on Periodic Order Quantity or P-model. A company orders a certain product once every week (once in 7 days). Demand for the product averages 20 units per day with a standard deviation of 5 units. Lead time for the product to arrive is 2 days. Management has a goal of 97.5% probability of not stocking out this product (use z=1.96 ) How much of the "target inventory level" found above is safety stock? (round-up your answer). 20 30 210 None of the above

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