2. The data for an inventory item are as follows: Annual demand = 2000 with a variance of 900, Ordering cost $50, annual inventory carrying rate = 24%, lead time = one weeks with variance of 3x10-7 years. The required maximum % stock out = 10%, service level = 99.5%, cost of a stockout of $125. The cost of the item is $70. Determine the parameters for an (R, S) policy with each of the required safety stocks. (0.25 points) 2. The data for an inventory item are as follows: Annual demand = 2000 with a variance of 900, Ordering cost $50, annual inventory carrying rate = 24%, lead time = one weeks with variance of 3x10-7 years. The required maximum % stock out = 10%, service level = 99.5%, cost of a stockout of $125. The cost of the item is $70. Determine the parameters for an (R, S) policy with each of the required safety stocks. (0.25 points)