The retail shop averages demand of 100 chocolate chip cookies per day, with a 10 cookie standard deviation. Based on problem two above, lead time for reorder is 3 days (0 standard deviation) since there is no shipping involved. Management would like to ensure a 90% service level for its customers. Use the Session 3 template.xlsm (these templates are from Chapter 12) to calculate the reorder point (ROP).
