Blackboard 5 XC 0 0 Remaining Time: 1 hour, 28 minutes, 38 seconds. Question Completion Status: Part A Consider an item with item cost 80. The cost per order is 10 and holding cost is 20. Daily demand is 4 units. The supplier takes 21 days to deliver the products. Assume that demand is constant. Also assume that working days in a year are 365. What shall be economic order quantity? What shall be reorder point to run this inventory system? What shall be total annual cost to run this inventory system? Part B: Suppose that demand is uncertain. Average daily demand as 4 units with standard deviation of daily demand as 12. What would be the reorder point if you are to maintain the service level of 9796 (.e. z-value is 1.88). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T Arial 3 (12pt) EM 15 part 1 1