3. One popular item sold at Harry's High End Hardware is packs of GE light bulbs. Annual demand is 2,340 packs. Annual holding costs are $1/pack. Ordering costs are $28 per order. The delivery lead-time for light bulbs is 1 week. Harry has observed that the demand for packs during the lead time has a mean of 45,and a standard deviation of 12. While open 52 weeks per year, Harry tries to provide a 95% service level. Find Harry's Economic order quantity (EOQ) and Reorder point (including safety stock). Explain in a sentence how this inventory policy works (hint: comment on when to order and how much to order?)