5. A company advertises a 95% cycle - service level for all stock items. Stock is replenished from a single.Supplier who guarantees a lead time of 4 weeks. What reorder level should the company adopt for an.Item that has a normally distributed demand with mean 1000 units a week and standard deviation of.100 units? What is the reorder level for a 98% cycle - service level?6. Wolfgang Heinz stocks an item with a unit cost of $80 reorder cost, of $100 and holding cost of $2 a.Unit a week. Demand for the item has a mean of 100 a week with standard deviation 10. Lead time.Is constant at 3 weeks. Design an inventory policy for the item to give a service level of 95%. How.Would you change this to give a 90% service level? What are the costs of these two policies?8. A small store has ten categories of product and the following costs and annual demands.
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