Given the Probably of a Stock you found in the previous problem, what service level would be appropriate to use to manage the inventory levels?

Remember, a new logistics analyst indicates the cost of a back order is $$70$ for our Autographed Footballs. Other key data is below

Football cost $$200$

Annual Demand $5000$ units

Cost per Order $$250$

Cost to hold the item per year $30\%$

Economic order quantity $177$

Lead Time $2$ weeks

Standard Deviation of Forecasted Demand During Lead Time $20$

Group of answer choices

$97\%$

$95\%$

$96\%$

$99\%$