Question: Reconsider the VodaStore in question 1 . The store manager has decided to follow a periodic review policy to manage inventory of cell phones. She

Reconsider the VodaStore in question 1. The store manager has decided to follow a periodic
review policy to manage inventory of cell phones. She plans to review and order the inventory
every three weeks.
a. Given a desired CSL of 92 percent, how much safety inventory should the store
carry? How does this compare to the safety inventory required in question 1 when
using a continuous review policy also explain the difference between the safety
inventory requirements for the two inventory policies (continuous review vs periodic
review).
b. What should its OUL be? What does the OUL in effect means?

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