Annual demand is 7500, cost per order is $65/order, annual holding (carrying) cost per unit is $3/unit, the company works 300 days a year and lead time demand (m) is 6 working days. If the company allows shortages 2 times a year, the probability that lead time demand is allowed to be higher than the reorder point (probability of shortages) is approximately:

Select one:

a. 80%

b. 25%

c. 15%

d. 75%

e. 20%