(Please write this out on paper with each step clearly and easily understood, thank you! :)

Q#1 [5 points] The Mediterranean Restaurant stocks a red Chilean table wine it purchases from a wine merchant in a nearby city. The monthly demand for the wine at the restaurant is normally distributed, with a mean of 650 bottles and a standard deviation of 45 bottles. The restaurant manager has requested you to figure out the optimal reorder point and the appropriate level of safety stock that will enable her to limit the probability of a stockout to 5%. For full credit you will show ALL your work. Q#1 [5 points] The Mediterranean Restaurant stocks a red Chilean table wine it purchases from a wine merchant in a nearby city. The monthly demand for the wine at the restaurant is normally distributed, with a mean of 650 bottles and a standard deviation of 45 bottles. The restaurant manager has requested you to figure out the optimal reorder point and the appropriate level of safety stock that will enable her to limit the probability of a stockout to 5%. For full credit you will show ALL your work