Based on the following data calculate the safety stockquantities and the invento

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Based on the following data calculate the safety stockquantities and the inventory cost associated with safety stock(based on the item unit cost) for the inventory items at fourdifferent service levels (50% 80% 90% and 95%). Develop a tableto present the inventory quantities and the safety stock costs ateach service level. (Note: All items are independent demanditems.)Inventory Item Average Demand (Annual) Sigma (Std. Dev.) of DemandDuring Lead Time Item Unit CostF-11001 15000 100 $250.00K-12002 100000 300 $2.00L-13003 250000 200 $0.20N-14004 300000 400 $1.00P-21001 50000 60 $125.00S-22002 80000 75 $30.00

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