Case inventory questions -- use the chart below: $120.000+ Total Inventory Investment 500.000 $10,000+ 520.000 20% 30% ate 8 Orders 21 days 40% 50% Fil Foto 17 Orders 21 days 60% 70% 80% Fil Rate 31 Orders 21 days 90% Actual 100% Predicted F 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 SS) 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 SS, 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)