Penalty per item short A product has a normally distributed demand of 240 units per month, a monthly holding cost of $0.25 per unit and a penalty per unit short of $5. Currently we are ordering this product through an (R,S) policy, R of 2 months and average order quantities of Q=480. Part 3 0.0/2.0 points (graded) The product has a lead time of 0.5 months, and a standard deviation in its demand of 70 units per month. What is the standard deviation of the demand over the lead time and review period? Round to the nearest integer. How many units do you expect to be short in a replenishment cycle? Give the answer rounded to only one decimal. You have used 0 of 2 attempts Part 4 0.0/2.0 points (graded) How many replenishment cycles are there in a year? 0.0/2.0 points (graded) How many replenishment cycles are there in a year? What is the annual cost of the penalty for units short? Round to the closest dollar. You have used 0 of 2 attempts