Parts Reorder Level Optimization

Optimize reorder levels for a commonly-used part. Part: {{name_number}}. Avg usage/month: {{quantity}}. Lead time from supplier: {{days}}. Holding cost: {{of_part_value}}. Order cost: {{per_order}}. Output: Optimal reorder quantity (economic order quantity). Reorder point (when to order to avoid stockout). Safety stock needed.

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