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I have a chat room up with Chegg support--if this answer is wrong I will be sending him the link to this problem for disciplinary
I have a chat room up with Chegg support--if this answer is wrong I will be sending him the link to this problem for disciplinary action, I am tired of wrong answers. In other words, make sure this is correct.
Consider a periodic review system, where orders are placed every 22 days. The firm strives to provide a 94.41% cycle service level. Demand averages 415 units per day, and the standard deviation of demand per day is 106 units. Lead time is 13 days (round Z-values, standard deviations to two decimal places). a. How many units of safety stock should be held? units (round your response to the nearest integer). b. What should the target inventory level (order-up-to level) be? units (round your response to the nearest integer). c. Suppose that it is time to review the item. There are 156 units in inventory, and there is an outstanding backorder for 444 units. An order for 126 units is on the way. How many units should be ordered now? units (round your response to the nearest integer)Step by Step Solution
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