QUESTIONS Spoints A factory manufactures a special product that uses several components. The daily demand for one such component is 300, with a standard deviation of 30. Ordering cost is 10 and the inventory holding cost is 20.30/component/year. The lead time from the supplier is 5 days with a standard deviation of 1 day. The factory is open 365 days a year. What should the reorder point for the component if management wants to have a 99 percent cycle-service level?