Question: Using the information in Problem 2 , assume that the company wants at most a 2 % probability of a stockout during any given order

Using the information in Problem 2, assume that the company wants at most a 2% probability of a stockout during any given order cycle. Answer the following questions:
Problem 2d.(2.5 points) What is the Z-value if the company wants at most a 2% probability of a stockout? Express your answer to 2 decimal places using standard rounding rules.
Z =
Problem 2e.(2.5 points) What is the reorder point if the company wants at most a 2% probability of a stockout? Express your answers as a whole number using standard rules.
ROP =
units
Problem 2f.(2.5 points) How much of the reorder point in problem 2e will consist of safety stock? Express your answers as a whole number using standard rules.
Safety Stock =
units

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