Case inventory questions --- use the chart below: 1. What is actual inventory and service level? (2 points) 2. If the order frequency is 8 orders in 21 days, is the current actual for inventory and service level optimal? Why or why not? (4 points) 3. Name two optimal points (service level, inventory $$) on the curve representing an order frequency of 8 orders in 21 days. (2 points) 4. If inventory for this business was very expensive and capacity was very cheap, what point (inventory $$, service level) on the curve representing 8 orders in 21 days would you choose if customers demanded quick deliveries? Please provide rationale for your decision (2 points).

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