OfficeMax sells HP Laserjet 299 printers. As the purchasing manager, you have the following information for the printers: Average weekly demand (52 weeks in year) = 50 printers Standard deviation of weekly demand = 10 printers Order lead time = 2 weeks Standard deviation of order lead time = 0.25 weeks Printer cost = $150 Cost to place an order = $2 Yearly holding cost per printer = 25% of printer cost Desired service level - 99% (z = 2.33) What is the EOQ? What is the reorder point? Must show work