Question: please help me to solve this question 1.2. Theory and restocking level. (9 POINTS). a. Differentiate and contrast between safety stock and hedge inventory. Provide

please help me to solve this questionplease help me to solve this question 1.2. Theory

1.2. Theory and restocking level. (9 POINTS). a. Differentiate and contrast between safety stock and hedge inventory. Provide a clear distinction between the two concepts (2 points) b. Define the restocking level in English using your own words. (2 points) C. You are a supplier of homemade cola for BINUS Square cafeteria. BINUS Square implements a periodic review system, where they check their inventory every 15 days. Order lead time is 3 days. Average daily demand is 5 bottles, so average demand during the order period and order lead time (18 days) is 18 x 5 = 90 bottles. The standard deviation of demand during the same 18-day period is 20 bottles. c.1. Calculate the restocking level! Assume that the desired service level is 95%. (3 points) c.2. Suppose that the standard deviation of demand during the 18-day period drops to 5 bottles during the WFH situation. Recalculate the restocking level! (2 points)

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