A company wants to determine its reorder point (R). Demand is variable and they want to build a…

A company wants to determine its reorder point (R). Demand is variable and they want to build a safety stock into R. If the average daily demand is 17, the lead time is 4 days, the desired service level is 95%, and the standard deviation of daily demand is 3, which of the following is the desired value of R?(round to the nearest whole number)
Options:616616673
FORECASTINGBelow are the actual demands for an item for a six-month period (January through Junel Your supervisor wants you to test four forecasting methods.Answer questions 20-23 by referencing the following table.
Month
Actual Demand
January
120
February
130
March
155
April
173
May
167
June
180
Question 20Using least squares regression analysis, you get a regression model as: Y=110.7 11.8x what would be your estimate of the demand for July? (answer to the nearest whole number)integer, decimat or E notation allowed
Question 21If a three-month moving average forecasting method is used, what would be your forecast for June? (answer to the nearest whole number)Integer, decimal of I notation allowed