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FAST SUPPLY CHAIN MANAGEMENT Please use the following information for questions $69. Knights Corporation also needs to determine the proper reorder point and safety stock

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FAST
SUPPLY CHAIN MANAGEMENT
Please use the following information for questions $69. Knights Corporation also needs to determine the proper reorder point and safety stock level. Annual Demand =12,000 gallons Lead Time =15 days Standard deviation of lead time =2 days Standard deviation of demand =8 gallons Service Level =96% Open days per year =360 days Given the above information, what is the reorder point? (Round UP to whole number) Question 7 0/2 pts What is the safety stock? (round UP to whole number) Question 8 0/2pts Knights Corporation is looking to increase the service level to 99%. What is the new salety stock? (round UP to whole number)

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