QUESTION 14 Given the following information: Monthly Demand is 150 units, Lead time is 4 weeks, Variance of demand per Lead Time is 4 units, ordering cost is $10 per order, holding cost is 5% per unit per months, Cost of item is $40, Assume that there are 300 days per year. The company is currently operating 50 weeks per year. Given that the Demand is constant, desired Stock-out to be 16%, what is the Re-order Point? O 100 units O 146 units O 144 units 300 O Not enough information QUESTION 15 Using PERT, the expected completion time to build a house is 70 days. The Standard Deviation of the project completion time is 4 days. What is the probability of completing the project within 66 days and within 78 days? What is the probability of completing the project after 78 days? O 34% 81% 16% 0 0% 100% Sare All Answers to save all answers