the demand for an electronic component is normally distributed with an average daily demand of $100$ units $(25,000$ per year based on $250$ work days per year$)$ and a standard deviation of $6$ units$/$day$.$ The cost of placing an order is $$50$ and the inventory carrying cost is $$10$ per unit per year. The lead time for the component is $4$ days. If service level of $95\%$ is desired, then compute the company's EOQ and reorder point for this component