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Question 4 Not yet answered Marked out of 2.00 A national chain of tyre fitters stocks a popular tyre for which the following information is available. The company operates on 50-week year and normally operates from Monday to Friday only. Average 140 tyres per day usage Minimum 90 tyres per day usage Maximum 175 tyres per day usage Flag question 10 to 16 days Lead time 3 000 Reorder quantity Cost per tyre N$1 500 3% of unit cost Holding Cost per unit Ordering Costs per order N$75.50 Calculate the Reorder level