Question: Using the fixed-time period inventory model, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time,

Using the fixed-time period inventory model, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time, a service probability of 98 percent (i.e., z = 2.05). and a standard deviation of daily demand is 3 units, which of the following is the appropriate new ordering amount? (Suppose we currently have 30 units of inventory on hand) About 56 About 42 O About 59 About 36

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