Question: I need an answer and how to do it thoroughly. 2. The annual demand for a product is 5300 units. The weekly demand is 100

I need an answer and how to do it thoroughly.

2. The annual demand for a product is 5300 units. The weekly demand is 100 units with a standard deviation of 20 units. The cost to place an order is $30, and the time from ordering to receipt is 2 months. The annual inventory carrying eost is $0.1 per unit per weck. a. Assuming that each month has 4 weeks, what is the distribution of demand during lead time? (5 points) b. Find the optimal order quantity, safety stock and also reorder point necessary to provide a 95% service probability? ( 9 points)

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