Problem 2 and 3, show all work please!

Problem 2: Benji's Bar and Restaurant uses 5,000 bottles of an imported wine each year. Weekly demand is 100 bottles (closed two weeks per year). The standard deviation of demand during lead time ou = 52 bottles, and the lead time is three weeks for an order to arrive. Benji would like to use an inventory system (Fixed - Order Quantity model) that minimizes inventory cost and will provide a 96 percent service probability. At what inventory level (reorder point) should he place an order? 20% 1 of 2 ITSCM 306 Operations Management Chapter 20 Problem Set: Inventory % Grade Problem 3: UDI Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the Pharmaceutical companies. Tetracycline is one of its most prescribed antibiotics, with average daily demand of 800 capsules. The standard deviation of daily demand was derived from examining prescriptions filled over the past three months and was found to be 250 capsules. It takes 7 days for the order to arrive. UDI uses Fixed Time Period Model. UDI would like to satisfy 99 percent of the prescriptions. The salesperson just arrived, and there are currently 2,000 capsul in stock How many capsules should be ordered? 20%