Instructions: Please submit your answer via Blackboard. Please upload your result as a word processor or spreadsheet file (such as Word or Excel). If you solve the questions manually, please take a picture and add it to the word file. Provide computational details and do not forget to add a discussion. You have two chances of submission. Your last submission will be graded. Question: Kanton Inc. is committed to being the premier warehouse distributor of automotive parts and accessories, that are sold at neighborhood stores. The company stocks both the brand name products as well as the competitively priced lines. One particular part, a popular brand of tail lamp, is purchased by the warehouse for $1.50 each. It is estimated that the cost of order processing and receipt is $100 per order. The company uses an inventory carrying charge based on a 28 percent annual interest rate. The monthly demand for lamp follows a normal distribution with mean of 280 and standard deviation of 77. Order lead time is assumed to be five months. Assume that if a lamp is demanded when the warehouse is out of stock, then the demand is back-ordered, and the cost assessed for each back-ordered demand is $12.80. Determine the following quantities: a) (50 points) The optimal values of the order quantity and the reorder level. b) (25 points) Determine optimal (Q, R) for the company to satisfy a=0.95 service level. c) (25 points) Determine optimal (Q, R) for the company to satisfy B=0.95 service level