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A hardware store counts the packages of screws, bolts and nails every Monday morning and then places an order to replenish its supply. The service

A hardware store counts the packages of screws, bolts and nails every Monday morning and then places an order to replenish its supply. The service level for the store is 98%. Determine the order size for each item given the table below. Item Average Daily Demand Standard Deviation Quantity on Hand Lead Time (days) Screws 154910815 Bolts 183122561 Nails 137243902 I had trouble finding information on how to do this one from the class notes so I had to do some outside research and this is what I was able to find- Item Average Daily Demand Standard Deviation Quantity on Hand Lead Time (days) Protection period StDev during PP Safety stock Desired inventory Screws 1549108151231.176964.0301912.03 Bolts 183122561833.9411369.7071553.707 Nails 137243902972147.871380.87 Stan dev during PP=9*(12^0.5) Stan dev during PP=12*(8^0.5) Stan dev during PP=24*(9^0.5) Z=2.053748909 SS=2.053748909* SD during PP DI=(154*12)+64.030 DI=(183*8)+69.707 DI=(137*9)+147.87 Order size: Desired inventory- quantity on hand QScrews =831.03 QBolts =1297.707 QNails =909.87

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