Question 11 (1 point) You are responsible for maintaining an appropriate amount of inventory for Component A, using a Q-type inventory control system (fixed quantity, continuous review). Your company estimates your ordering cost to be 500 and the annual cost of holding this item in inventory to be 12. Annual demand for this item is forecasted to be 7,000 and the company has 250 working days per year. Your supplier's lead time is 5 days. What should your reorder point be if the standard deviation of daily demand is 30 and your target customer service level is 95%? (Round to the nearest integer.) Your Answer: Answer Question 12 (1 point) You are responsible for maintaining an appropriate amount of inventory for Component A, using a P-type inventory control system (periodic review) with P=15. Your supplier's lead time is 15 days. Daily demand averages 400, with a standard deviation of 100. How much safety stock will you need if your target customer service level is 95%? (Round to the nearest integer.) Your