Question: Please help to solve the answer below is incorrect. please read carefully QUESTION 10 An automotive warehouse stocks a variety of parts that are sold

Please help to solve the answer below is incorrect. please read carefully
Please help to solve the answer below is
QUESTION 10 An automotive warehouse stocks a variety of parts that are sold at neighborhood stores. One particular part, a popular brand of oil filter, 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 25 percent annual interest rate. The monthly demand for the filter follows a normal distribution with mean 280 and standard deviation 70. Order lead time is assumed to be five months. Assume that if a filter 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 optimal values of the order quantity and the reorder level Q=1326 R 1784

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