A product with an annual demand of 1150 units has Co = $22.5 and Cr. 2 $1 The demand exhibits some variability such that the leadtime demand follows a normal probability distribution with p = 29 and 0' = 3. a. What is the recommended order quantity? If required, round your answer to two decimal places. b. What are the reorder point and safety stock if the rm desires at most a 3% probability of stock-out on any given order cycle? If required, round your answers to the nearest whole number. Record point 2 :1 5...... ..... = l: c. If a manager sets the reorder point at 34, what is the probability of a stockout on any given order cycle? If required, round your answer to four decimal places. P(Stockout,{cycle) = [: How many times would you expect a stockout during the year if this reorder point were used? Number or Order. = S