A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory control policy for its 1-irons, which have the following characteristics: Mean demand =2000 units/year Demand is normally distributed Standard deviation of weekly demand =3 units Order cost =$40/ order Annual holding cost =$5/ unit Desired cycle-service level =90% Lead time =4 weeks Current on-hand inventory is 240 units, with no open orders and a backorder of 20 units. Currently, the company uses a continuous review policy. a. What is the EOQ ? (20 points) b. What should be the safety stock? What should the reorder point be? (20 points) c. Please describe how you would control the inventory of 1-irons to those who do not know inventory management. (10 points)