Taizhou Products uses 800 units of a product per year on a continuous basis. The product has carrying costs of $50 per unit per year and order costs of $300 per order. It takes 30 days to receive a shipment after an order is placed and the firm requires a safety stock of 5 days usage in inventory. (I) Calculate the economic order quantity (EOQ). (II) Determine the reorder point.Required to answer. Single choice.

(1 Point)

98 units ; 77.81 - 78

95 units ; 78.81 - 78

98 units ; 87.81 - 78

92 units ; 77.81 - 77