A company distributes its product from a distribution center (DC) to five geographically located retail outlets using its own fleet of trucks. The monthly demand for the product (valued at $35 per unit) at each outlet is as follows:

Avg Demand Std Dev Distance from DC (Miles)

Retail Outlet 1 425 65 280

Retail Outlet 2 333 52 310

Retail Outlet 3 276 43 200

Retail Outlet 4 526 83 250

Retail Outlet 5 676 91 340

Each retail outlet uses EOQ policy to order the items from the DC. Once an order is received by the DC, it can supply the retail outlet within 1 week (Assume 1 month = 4.3 weeks). The ordering cost consists of a fixed cost of $200 per order (cost of truck and the driver) and a variable cost of $0.50 per mile travelled - consider round trip cost. Each retail outlet set their in-stock probability during the order cycle at 95%. The inventory carrying rate for this company is estimated at 24% per year.

Determine the EOQ inventory policy (Order quantity, Safety Stock, Reorder Point) for each retail outlet. What is the average total cost per year?