Homework: Textbook: Page $599$ question $17$

Answer question a$)$ Tegdiw only, AND

Additional question: The total inventory costs if using your inventory policy

Notes:

In question a$)$ Inventory policy includes reorder point $($when to order$)$ and reorder quantity $($how many to order$)$

This is a case considering safety stock $($make sure to use the right formulas$)[$review the relevant lectures$]$

Holding cost per unit per year is given as a percentage of item c