Problem 1243 Authentic Thai Rattan Chairs Delivered Gary Schwartz S Chain Retail Stores Ca Q35458780

Problem 12.43 Authentic Thai rattan chairs are delivered toGary​ Schwartz’s chain of retail​ stores, called The Kathmandu​Shop, once a year. The reorder​ point, without safety​ stock, is200 chairs. Carrying cost is ​$40 per unit per​ year, and the costof a stockout is ​$60 per chair per year. Given the followingdemand probabilities during the lead​ time, how much safety stockshould be​ carried?                                                                                  Demand During Lead Time Probability 0 0.2 100 0.2 200 0.2 300 0.2400 0.2 The optimal quantity of safety stock which minimizesexpected total cost is nothing units ​(enter your response as awhole​ number).

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