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Problem 12-31 (Algo) A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The
Problem 12-31 (Algo) A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The order interval is 9 days, and lead time is 3 days. Average demand for one item is 74 units per day, and the standard deviation of demand is 7 units per day. Given the on-hand inventory at the reorder time for each order cycle shown in the following table. Use Table. Cycle On Hand 1 39 2 3 7 104 Click here for the Excel Data File Determine the order quantities for cycles 1, 2, and 3: (Round your answers to the nearest whole number.) Ces Cycle Units 1 2 3
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