Problem #2C & D only Please Problem #2 - Jasper Inc. has four different air conditioning SKUS: J101, J102, J103 and J104. The following four questionsrequires you to provide recommendation to their approach for safety stock and reorder point for these SKUS.SKU J101 has a demand that is normally distributed during the lead time, with a mean of 500 units andа.standard deviation of 10. If Jasper cannot have stockouts in more than 5% of the time in any order, how much safetystock should be maintained and at what reorder point?b.Calculate the safety stock and reorder point for SKU J102, assuming that its daily demand is normallydistributed with a mean of 25, standard deviation of 5, lead time is 5 days, and must operate at 90% service level. C.Calculate the safety stock and reorder point for SKU J102, assuming its daily demand is constant at 30units per day, lead time is normally with a mean of 6 days and standard deviation of 3 days and must operate at a 95%service level.d.Calculate the safety stock and reorder point for SKU J104 assuming its daily demand is normally distributedwith a mean of 20 units and a standard deviation of 4 days. The lead time is also normally distributed with a mean of8 days, standard deviation of 4 days and a service level of 90% is required.

Calculate the safety stock and reorder point for SKU J102, assuming its daily demand is constant at 30 units per day, lead time is normally with a mean of 6 days and standard deviation of 3 days and must operate at a 95% C. service level. d. Calculate the safety stock and reorder point for SKU J104 assuming its daily demand is normally distributed with a mean of 20 units and a standard deviation of 4 days. The lead time is also normally distributed with a mean of 8 days, standard deviation of 4 days and a service level of 90% is required.

Calculate the safety stock and reorder point for SKU J102, assuming its daily demand is constant at 30 units per day, lead time is normally with a mean of 6 days and standard deviation of 3 days and must operate at a 95% C. service level. d. Calculate the safety stock and reorder point for SKU J104 assuming its daily demand is normally distributed with a mean of 20 units and a standard deviation of 4 days. The lead time is also normally distributed with a mean of 8 days, standard deviation of 4 days and a service level of 90% is required.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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