IM$\mathrm{.}65$Boeing orders a small part $($component$)$ used in many of its wing assemblies.$$ Below is some information on this part:

Cost per case $=$ $$480$

Parts per case $=60$

Daily usage of parts per day $($demand$)=51$

Standard deviation of daily demand $=9$

Purchasing lead time $($in days$)=14$

Desired service level $=96\%$

Ordering $($administrative$)$ costs $=$ $$420$

Annual interest earned on cash $=12\%$

Assume that Boeing operates $365$ days per year

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What should be the safety stock for this part $($in parts, not cases$)?($Display your answer to two$$decimal places.$)$

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What should be the$$reorder point $($in parts, not cases$)?($Display your answer to two decimal places.$)$

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What is the economic order quantity $($in parts, not cases$)?($Display your answer to the nearest$$whole number.$)$

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