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( 1 0 pts ) DoorRed Pharmacy replenishes one of its best - selling drugs using a continuous review policy. Daily demand for the drug

(10 pts) DoorRed Pharmacy replenishes one of its best-selling drugs using a continuous review policy. Daily demand for the drug is normally distributed, with a mean of 300 and a standard deviation of 100. The wholesaler can process a replenishment request in two days. The current replenishment policy is to order 1,500 units when there are 750 units on hand. a) What is the cycle service level and fill rate that DoorRed achieves with its policy? (2 pt) b) If DoorRed wants to achieve a fill rate of 99.9 percent, how should it adjust the ROP? (3 pt) DoorRed Pharmacy has decided to follow a periodic review policy to manage inventory

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