An important SKU faces constant and deterministic demand equal to 10,800 units per year. Annual Inventory holding cost corresponds to the 15% of unit's value. Calculate the total annual cycle-inventory cost when using the EOQ model for the replenishment of the specific SKU. You should take into account that fixed ordering cost is equal to 400 and the acquisition price is 40 per unit. (15%) If demand for the SKU described in part (a) is actually stochastic and follows a normal distribution with daily average and standard deviation values equal to 30 and 3 units per day, respectively, what are the suitable parameters of a periodic review system that should be used? Assume that supplier's lead-time is 5 days, the required service level is 92% and there are 360 days per year. (15%)