Consider an economic order quantity case where average daily demand for a specific component is 500 units with standard deviation of 25 units. The company works 250 days a year. Assume lead time of 2 weeks for the component. Furthermore, assume ordering cost is $20 per order and holding costs is $1.5. Calculate the following: 1. Economic order quantity 2. Reorder point for 99.7% customer service 3. Level of safety stock for 99.7% customer service 4. Annual holding costs 5. Annual ordering costs 6. Total annual inventory costs