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use the following information for questions #6 - 9. Knights Corporation also needs to determine the proper reorder point and safety stock level. Annual Demand
use the following information for questions #6 - 9. Knights Corporation also needs to determine the proper reorder point and safety stock level. Annual Demand = 12,000 gallons Lead Time = 15 days Standard deviation of lead time = 2 days Standard deviation of demand = 8 gallons Service Level = 96% Open days per year = 360 days Knights Corporation is looking to increase the service level to 99%. What is the new safety stock? (round UP to whole number)
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