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A retailer sells a certain product with a constant demand of 2 0 0 units per month. The supplier takes 1 0 days to deliver

A retailer sells a certain product with a constant demand of 200 units per month. The supplier takes 10 days to deliver the product after an order is placed. The retailer operates 30 days a month. The ordering cost per order is $150, and the holding cost per unit is $2. Calculate the Economic Order Quantity (EOQ) and the reorder level for this product. (10 points)

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