(1) Haworth is a manufacturer of office furniture. Production of their office desk line requires a metal bracket, which is purchased from a third party supplier. Haworth produces desks at a constant rate. This will require 16500 brackets annually. Ordering costs are $76 per order. Holding costs are 35% of the value of the inventory. Haworth has 380 working days per year and a lead-time of 7 days. The standard deviation for daily demand is 12. Answer the following inventory policy questions: (i)What is the reorder point if Haworth wants a 98% service level? The supplier has informed Haworth that it can offer the following quantity discounts Quantity Price 1-4999 $2.50 5000-7999 $2.35 8000-10999 $2.30 11000 and above $2.28 (ii) Based on this information, what quantity should Haworth choose when making orders? (1) Haworth is a manufacturer of office furniture. Production of their office desk line requires a metal bracket, which is purchased from a third party supplier. Haworth produces desks at a constant rate. This will require 16500 brackets annually. Ordering costs are $76 per order. Holding costs are 35% of the value of the inventory. Haworth has 380 working days per year and a lead-time of 7 days. The standard deviation for daily demand is 12. Answer the following inventory policy questions: (i)What is the reorder point if Haworth wants a 98% service level? The supplier has informed Haworth that it can offer the following quantity discounts Quantity Price 1-4999 $2.50 5000-7999 $2.35 8000-10999 $2.30 11000 and above $2.28 (ii) Based on this information, what quantity should Haworth choose when making orders