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True or false for the last 2 please.

1- Describe the differences between Fixed Interval/order-up-to level model and the coordinated Periodic Review model. When would each be preferred? 2- A factory can produce a kind of cookie at a rate of 500 kg per day. It supplies its products to local stores at a steady rate of 100 kg per day. The cost to prepare the equipment for producing the cookie is $12. Consider Annual holding cost is SA/kg and 300 days per year to calculate: a. The optimal production run quantity b. The amount of production runs per year c. The length of a production run in days False True 1. A major challenge in inventory management is to maintain a balance between inventory investment and customer service. (5) 2. Which item to order and with which supplier the order should be placed are the two fundamental issues in inventory management. (5) 1. Inadequate management of inventory can result in both understocking of some items and overstocking of the others. (5) 4. EOQ inventory models are primarily concerned with the timing of orders. (5) Texto norm Roboto 12 BIVA 60E OPMT 301 WEEKLY SUMMARY 1. Describe the differences between Fbxed Interval/order up to level model and the coordinated Periodic Review model When would each be preferred? 3. Inadequate management of inventory can result in both understocking of some items and overstocking of the others. 4. EOQ inventory models are primarily concerned with the timing of orders