Recall the inventory simulation we did in class (where we assumed that the demand is random and there is no lead time). Regarding the comparison between the constant order policy and the order-up-to policy, which of the following statement is FALSE? In an order-up-to policy, one can find the optimal target inventory in the next period using the Newsvendor model. The order size in an order-up-to policy may differ from time to time, The order-up-to policy always keeps the beginning inventory level on the next period equal to the same value, while the constant-order policy may not. In the constant order policy, the optimal threshold for placing the order can be determined by solving a Newsvendor problem. Question 27 (2 points) Regarding the difference between the Newsvendor model and the EOQ model, which of the following statements is FALSE