Question: please answer subject production system this ering cost = $60 per order and annual holding ability such that the lead-time demand follows a 1. A

please answer subject production system this please answer subject production system this
ering cost = $60 per order and annual holding ability such that the lead-time demand follows a 1. A product with an annual demand of 5000 units has ordering costs cost = $10/unit. The demand exhibits some variability such that th normal probability distribution with u=100 and g=25. a. What is the recommended order quantity? b. What are the reorder point and safety stock if the firm desires at most a any given order cycle? c. If a manager sets the reorder point at 80, what is the probability of a stock cycle? How many times would you expect to stockout during the year if this reorde the firm desires at most a 5% probability of stockout on at is the probability of a stockout on any given order ut during the year if this reorder point were used? dollar

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