Question: WHat is the answer? Problem 20-20 (Algo) Daily demand for a product is 200 units, with a standard deviation of 20 units. The review period

WHat is the answer? WHat is the answer? Problem 20-20 (Algo) Daily

Problem 20-20 (Algo) Daily demand for a product is 200 units, with a standard deviation of 20 units. The review period is 15 days and the lead time is 2 days. At the time of review, there are 30 units in stock. If 95 percent service probability is desired, how many units should be ordered? (Use Excel's NORMSINV() function to find the correct critical value for the given a-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.) Ordered quantity units

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