Problem 12-56 Algo (Managing Fixed-Quantity Inventory Systems) 4 Question of 11 Check My Wack The Bas Novelty and Craft Shop in Bennington, Vermont, sells a variety of quality, handmade terns to tourists. It will sell 600 hand-carved miniature replica of a colonial soldier each year, but the demand pattern during the year is uncertain. The replicas sell for $12 each, and B&S uses a 25 percent annual intory holding cost rate: Ordering costs are $3 per order, and demand during the lead time follows a normal distribution, with a mean of 25 and a standard deviation of ten a. What is the recommended order quantity? Round your answer to the nearest whole number EOQ: units b. 17 B&S is willing to accept a stockout roughly twice a year, what reorder point would you recommend? What is the probability that 165 will have stockoot in any one order cyde? Use Appendix A to determine z value. Round 2-value to two decimal places. Do not round intermediate calculations. Round your answer for the reorder point to the nearest whole number and for the probability of a stockout to four decimal places Reoder point units Probability of a stockout What is the safety stock level and annual safety stock costs for this product? Do not round intermediate caskulations, Round your answer for the safety stock level to the nearest whole number and for the safety stock costs to the nearest dollar Safety stock level units Safety stock costs