A store faces stochastic demand and has collected the following information regarding its most popular product in a multiple$-$period inventory management system $($listed below$).$ What should the re$-$order point, X$,$ be$?$

Average rate of demand $=4,500$ units per year

Standard deviation of daily demand $=16$ units

Ordering costs $=$ $$40$ per order

Holding costs $=$ $$3$ per unit per year

Lead$-$time $=14$ days

Maximum chance of stockout $=20\%$

Number of days per year $=365$

A$.$ X $<=100$

B$.100<$ X $<=200$

C$.200<$ X $<=300$

D$.300<$ X