Rounding rule: in this problem, for safety stocks, if your answers have soveral decimal places, please round them up to the next higher number. For annual holding costs, round your answers to two decimal places. WorkBeoots sells a 9,6 Volt cordless drill at its Las Vepals store Arinual demand for the drill is normally distribeted with mean 700 and standand deviation 120. Workepot onders the drilis from a power tools manufictirer in Jawani at a eigc cast of Seo per unt The arknat cost ol carning 3 dnll 3t Warhbepot is 2 Gth ot its purchast cost it tahes 3 Weels to receive a debver. The company reviews its stock and places arrorder at the tain of esch montie Note a year has 52 weeks and 12 mooths Givee that the compshy uses tie above me otioned Glefiodic revinw intentory policy: a. Compuce the safety stock inumber of aritg) needed to maintain s service level of 95%. The siferystock is dritts b. Using the safety stock vou iust reported, computer the annual holding cont for carrying ife safetystock. We anninal hioldiogecort for thin astety stock is inventory once a montl. Will this change increase or decmane the satefy clock of Wobhocirat and its atrocisted wimual holding cosit? Arter the chuage the newintory monkis drik. WorkDepots sells a 9.6 Volt cordless drill at its Las Vegas store. Annual demand for the drill is normally distributed with mean 700 and standard deviation 120. WorkDepot orders the drills from a power tools manufacturer in Taiwan at a unit cost of $20 per unit. The annual cost of carrying a drill at WorkDepot is 25% of its purchase cost. It takes 3 weeks to receive a delivery. The company reviews its stock and places an order at the start of each month. Noter a year has 52 weeks and 12 months. Given that the company uses the above-mentioned periodic review inventory policy: a. Compute the safety stock (number of drills) needed to maintain a service level of 95%. The safety stock is dirilts. b. Using the safety stock you just reported, computer the annual holding cost for carrying the safety stock: The annuat holding cost for the safety stock is c. WorkDepot is seriously considering a proposal to review the imentory lovel ovecy two weeks instead of reviewing the inventory once a month. Will this change inctease or decrease the safety stock of WorkDepot, and its associated annual holding cost? Atrer the changed, the new witety stock is it win the annuat holding cost of satety stock by? (Note: for the finc bhiniplese inprot either increase or decheiven) WorkDepots sells a 9.6 Volt cordless drill at its Las Vegas store. Annual demand for the drill is normaily distributed with mean 700 and standard deviation 120. WorkDepot orders the drills from a power tools manufacturer in Taiwan at a unit cost of $20 per unit. The annual cost of carrying a drill at WorkDepot is 25% of its purchase cost, it takes 3 weeks to receive a delivery? The company reviews its stock and places an order at the start of each month. Notes a year has 52 wecks and 12 months. Glven that the company uses the above mentioned periodic revievi inventory policy: a. Compute the safety stock (number of drills) needed to maintain a service level of 95% The safety stock is didils. b. Using the safety stock you just reported, computer the annual holding cost for carrying the sarety stock. The annual holding cost for the satetystock is c. WorkDepot is seriously considering a proposal to revilew the inventory fovel every two weets instead of rewlewira the : inventory once a month. Will this change increase or decrease the safety stock of Worl Depot, and its associsted annual holding cost? Aiter the change, the new satetystockis if wiil the annathofiling cost of sifety stock by inpat either 'increase on decreasel Rounding rule: in this problem, for safety stocks, if your answers have soveral decimal places, please round them up to the next higher number. For annual holding costs, round your answers to two decimal places. WorkBeoots sells a 9,6 Volt cordless drill at its Las Vepals store Arinual demand for the drill is normally distribeted with mean 700 and standand deviation 120. Workepot onders the drilis from a power tools manufictirer in Jawani at a eigc cast of Seo per unt The arknat cost ol carning 3 dnll 3t Warhbepot is 2 Gth ot its purchast cost it tahes 3 Weels to receive a debver. The company reviews its stock and places arrorder at the tain of esch montie Note a year has 52 weeks and 12 mooths Givee that the compshy uses tie above me otioned Glefiodic revinw intentory policy: a. Compuce the safety stock inumber of aritg) needed to maintain s service level of 95%. The siferystock is dritts b. Using the safety stock vou iust reported, computer the annual holding cont for carrying ife safetystock. We anninal hioldiogecort for thin astety stock is inventory once a montl. Will this change increase or decmane the satefy clock of Wobhocirat and its atrocisted wimual holding cosit? Arter the chuage the newintory monkis drik. WorkDepots sells a 9.6 Volt cordless drill at its Las Vegas store. Annual demand for the drill is normally distributed with mean 700 and standard deviation 120. WorkDepot orders the drills from a power tools manufacturer in Taiwan at a unit cost of $20 per unit. The annual cost of carrying a drill at WorkDepot is 25% of its purchase cost. It takes 3 weeks to receive a delivery. The company reviews its stock and places an order at the start of each month. Noter a year has 52 weeks and 12 months. Given that the company uses the above-mentioned periodic review inventory policy: a. Compute the safety stock (number of drills) needed to maintain a service level of 95%. The safety stock is dirilts. b. Using the safety stock you just reported, computer the annual holding cost for carrying the safety stock: The annuat holding cost for the safety stock is c. WorkDepot is seriously considering a proposal to review the imentory lovel ovecy two weeks instead of reviewing the inventory once a month. Will this change inctease or decrease the safety stock of WorkDepot, and its associated annual holding cost? Atrer the changed, the new witety stock is it win the annuat holding cost of satety stock by? (Note: for the finc bhiniplese inprot either increase or decheiven) WorkDepots sells a 9.6 Volt cordless drill at its Las Vegas store. Annual demand for the drill is normaily distributed with mean 700 and standard deviation 120. WorkDepot orders the drills from a power tools manufacturer in Taiwan at a unit cost of $20 per unit. The annual cost of carrying a drill at WorkDepot is 25% of its purchase cost, it takes 3 weeks to receive a delivery? The company reviews its stock and places an order at the start of each month. Notes a year has 52 wecks and 12 months. Glven that the company uses the above mentioned periodic revievi inventory policy: a. Compute the safety stock (number of drills) needed to maintain a service level of 95% The safety stock is didils. b. Using the safety stock you just reported, computer the annual holding cost for carrying the sarety stock. The annual holding cost for the satetystock is c. WorkDepot is seriously considering a proposal to revilew the inventory fovel every two weets instead of rewlewira the : inventory once a month. Will this change increase or decrease the safety stock of Worl Depot, and its associsted annual holding cost? Aiter the change, the new satetystockis if wiil the annathofiling cost of sifety stock by inpat either 'increase on decreasel