Question: Use the data in the table below to answer the following questions. a. Calculate the standard deviation (sigma). b. Identify the safety factor for

Use the data in the table below to answer the following questions. a. Calculate the standard deviation (sigma). b. Identify the safety factor for a service level of 96% and calculate the safety stock. c. Calculate the order point if lead time is 5 days. Period 1 2 3 4 5 6 7 8 9 10 Forecast Demand 1150 1150 1150 1150 1150 1150 1150 1150 1150 1150 Actual Demand 1200 1175 1150 1150 1140 1125 1140 1150 1160 1165

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