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A company has a warehouse with 1,000 units of a particular product. The average daily demand for this product is 50 units, and it takes

A company has a warehouse with 1,000 units of a particular product. The average daily demand for this product is 50 units, and it takes 5 days for a new order to arrive once it\'s placed. Calculate the reorder point and the optimal order quantity to minimize inventory carrying costs, assuming a constant demand rate.

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