he Norwich Company has a policy, accepted by mers, of being allowed up to one week to wishes to use a P2 service with a specified P2 value. Consider an item controlled by an (s, Q) system with Q prespecified. Suppose that the lead time L was equal to the grace satisfy each demand. Norwich measure period. 

a. Under these circumstances what s value is needed to give B = 1.00? 

b. More generally, consider an item with a desired P = 0.99 and a Q value of 500 units. 

Other (possi- bly) relevant characteristics of the item are D = 1000 units/yr. (average is relatively level throughout year)