For Problems #36 to #38 Table 1 Jackson Enterprises uses a fixed order quantity inventory control system. The firm op- erates 50 weeks per year and has the following characteristics for an item: Demand = 20,000 unitslyear Ordering cost = $45/order Inventory-carrying cost as a percent of item value = 25% Item (Unit) value = $20 Lead time = 5 weeks Standard deviation in weekly demand = 125 units 36. (1 Points) [Problem 36] Using the information in Table 1, calculate the economic order quantity (EOQ) for this item? a. Less than or equal to 500 units b. Greater than 500 units but less than or equal to 1,000 units c. Greater than 1,000 units but less than or equal to 1,500 units (1. Greater than 1,500 units (1 Points) 37. [Problem 37] Using the information in Table 1, if the service level is 96 percent, what is the reorder point? a. Less than or equal to 2,800 units b.Greater than 2,800 but less than or equal to 3,200 units c. Greater than 3,200 but less than or equal to 3,600 units d.Greater than 3,600 units