The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units (One year has 52 weeks here). The cost to place an order is $31.20, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.10 per unit.. (a) Find the reorder point necessary to provide a 99.98 percent service probability. [5 pts] (b) Suppose the production manager is asked to reduce the safety stock of this item by 50 percent. If she does so, what will the new service level be? [5 pts]