Problem 4: Slow moving item Base stock policy Consider the case of a high-value item with unit cost v = $350 per unit, demand rate D = 25 units per year, carrying rate r = 0.24 $/$/year, lead time L = 3.5 weeks = 3.5/52 year, ordering cost A = $3.20. and fraction charge per unit short B2 is estimated to be 1/5 i.e., 350/5 or $70 per unit backordered). Assume the system employs the policy of ordering one-for-one each time a demand drops to a specific inventory position (order quantity Q = 1) Develop the policy (find the inventory position)