A store uses a periodic inventory model. It places orders every twenty-one days and has a shipment lead time of fur days

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A store uses a periodic inventory model. It places orders every twenty-one days and has a shipment lead time of fur days

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A store uses a periodic inventory model. It places orders everytwenty-one days and has a shipment lead time of fur days. The dailydemand, d, is normally distributed with a mean of 50 units andstandard deviation of 18 units. At a certain order-placing episodeit determines that it has 268 units in stock; what should be hisorder amount? What would be your estimate of its average maximuminventory and average minimum inventory?
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