Compute the reorder point when daily demand is $35$ conits, orders are placed every $12$ daysthe lead time is $8$ daysthe desired service level is $98\%($which corresponds to z $=2\mathrm{.}06$ standard deviations from the mean$)34$ units are on hand $,$ and the standard deviation of daily demand during the uncertainty period is $7$ units$($Hint: Use Periodic Review Inventory Models $)$