Jill's Job Shop buys the following Part (X-123) for use in its production system. The parts are needed throughout the entire 52-week year. Data for the part are as follows:

ITEM	X-123
Annual demand	10,000
Holding cost per unit per year	$4
Order cost	$300
Lead time	4 weeks
Safety stock	100 units
Item cost	$10.00

a) Compute the optimal order quantity.

b) What is the reorder point for X-123?