Cou Nationwide Auto Parts uses a periodic review inventory control system for one of its stock items. The review Interva

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Cou Nationwide Auto Parts Uses A Periodic Review Inventory Control System For One Of Its Stock Items The Review Interva 1 (28.14 KiB) Viewed 34 times

Cou Nationwide Auto Parts uses a periodic review inventory control system for one of its stock items. The review Interval is 8 weeks, and the lead time for receiving the materials ordered from its wholesaler is 2 weeks Weekly demand is normally distributed, with a mean of 250 unts and a standard deviation of 50 units. Refer to the Standard normal table for Values oday a. What is the average and the standard deviation of demand during the protection interval? The average demand during the protection interval is units (Enter your response as an inner) The standard deviation of demand is units (Enter your response rounded to two decimal places) b. If the fim desires 56 percent stockout protection the target inventory wivel is units (Enter your response rounded to the nearest whole number C. 1 300 units vero in stock at the time of a periodic review. units should be ordered (Enter your responso rounded to the nearest whole number) 5(0)