Question: QUESTION 1 The following statement is correct (for inventory) e Inventory level must be zero or positive o Inventory position must be positive On hand

QUESTION 1 The following statement is correct (for inventory) e Inventory level must be zero or positive o Inventory position must be positive On hand inventory quantity must be positive If the lead time is zero, inventory level is equal to inventory position QUESTION 2 A queuing system with one server is NOT stable if The arrival rate is less than the service rate The average inter-arrival time is larger than the average service time The average service time is larger than the average inter-arrival time The arrival process is a Poisson process

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