(Answered) : The annual demand for a product is 16,200 units. The weekly demand is 312 units with a standard deviation of 90 units. The cost to

The annual demand for a product is 16,200 units. The weekly demand is 312 units with a standard deviation of 90 units. The cost to place an order is $30.50, and the time from ordering to receipt is eight weeks. The annual inventory carrying cost is $0.10 per unit. Use Excel’s NORI IS NV function to find the correct critial value for the Round 2 a Find the reorder point necessary to provide a 90 percent service probability value to 2 decimal places.) ren c v Reorder poirt b. Suppose the production manager is asked to reduce the safety stock