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Problem 7 --11-20 (Algo) Daily demand for a product is 50 units, with a standard deviation of 35 units. The review period is 5 days

Problem 7
--11-20 (Algo) Daily demand for a product is 50 units, with a standard deviation of 35 units. The review period is 5 days and the lead time is 4 days. At the time of review, there are 60 units in stock. If 95 percent service probability is desired, how many units should be ordered? Note: Use Excel's NORM.S.INV() function to find the z value. Round z value to 2 decimal places and final answer to the nearest whole number. Ordered quantity units
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Daily demand for a product is 50 unuts, wath a standard deviation of 35 units. The review period is 5 days and the lead time is 4 days At the time of review, there are 60 units in stock If 95 percent service probability is desired, how many units should be ordered? Note. Use Excel's NORM.S. INV0 function to find the z value. Round z value to 2 decimal ploces and final answer to the nearest whole number

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