Any help would be helpful. TABLE 11.5 In-Stock Probabilities and Matching Safety Factors, zIn-Stock ProbabilitySafety Factor, zSafety Factor, zIn-Stock Probability0.90001.281.250.89440.98002.052.000.97730.99002.332.250.98780.99502.582.500.99380.99993.723.000.9987 PA 11-8 (Algo) High Plains Inc. manufacturers furniture in North Dakota. HighPlains...High Plains Inc. manufacturers furniture in North Dakota. High Plains receives its wood from a lumber yardin Calgary. The lead time for orders is 3 weeks. One of their board costs $10 per unit and the holding costfor this board is $0.5 per week. They manage their inventory to achieve a 99 percent in-stock probability.Weekly demand is for 150 boards with a standard deviation of 200. Use Table 11.5a. How many boards do they have on on order on average?450 bb.How many boards do they have on hand on average?c. For this board what is the total holding cost incurred per week?(Round your answer to 2 decimal places.)d.What is the holding cost they incur per board?

Name: Any help would be helpful. TABLE 11.5 In-Stock Probabilities and Match
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Description: Any help would be helpful. TABLE 11.5 In-Stock Probabilities and Matching Safety Factors, zIn-Stock ProbabilitySafety Factor, zSafety Factor, zIn-Stock Probability0.90001.281.250.89440.98002.052.000.97730.99002.332.250.98780.99502.582.500.99380.99993