Question: undefined An item sold by a large discount store has a demand that is normally distributed with an average of 190 units per day and

undefined An item sold by a large discount store undefined

An item sold by a large discount store has a demand that is normally distributed with an average of 190 units per day and a standard deviation of 32.4 units per day. Lead-time is constantly 6 days. The store manager has specified a service level of 97%. 1. How much safety stock of this item should the store maintain? Round answer to 1 decimal. 5 points Hint: use the normal distribution table below to get a z value that covers more than 0.97 probability of demand during lead time. 2. What is the reorder point (ROP)? Round answer to 1 decimal. 5 points

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