Suppose that I have an item that has a demand of 700 units per week, 7 days a week. a) Suppose that I have an ordering policy that every Sunday moming, right before I open my store, I look at my remaining inventory of the item and make a decision on how much to order. This is known as a periodic review approach to inventory. If this item can be replenished with almost zero lead time (an hour or less), and I find on this Sunday morning that I have 50 units of inventory left, how many would I order to last me through the week? Assume this is a A-level item and choose an appropriate amount of Safety Stock (and explain why). b) Suppose that I realize that this ordering policy means that on some Sunday mornings, I am out of inventory. I switch to a new vendor who has a lead time of 1 days, and who continuously monitors my inventory. I also wish to have safety stock equal to 1 day's supply on hand. What is my reorder point for this continuous review system