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The manager considers using a continuous review policy and he is planning for the reorder point and the order quantity in 2021 taking the inventory cost into account. Other relevant data is as follows: The standard deviation of the weekly demand is 3. Targeted cycle service level is 92% (no-stock out probability) Lead time is 4 weeks Each 22mm lens costs $1500 Annual holding cost is 20% of item cost Ordering cost is $400 per order The manager considers using a continuous review policy and he is planning for the reorder point and the order quantity in 2021 taking the inventory cost into account. Other relevant data is as follows: The standard deviation of the weekly demand is 3. Targeted cycle service level is 92% (no-stock out probability) Lead time is 4 weeks Each 22mm lens costs $1500 Annual holding cost is 20% of item cost Ordering cost is $400 per order