Te daily demand for a product is normally distributed with a mean of 60 and a standard deviation of 7. The source of supply is reliable and maintains a constant lead time of six days. If the cost of placing the order is Rs 10 and annual holding costs are Re 0.50 per unit, compute the order quantity and reorder point to satisfy 95% of the customers. Given that 95% corresponds to 1.645 standard deviations.