Choose two (2) of the following five (5) questions, and complete your answers in 100-150 words. Present examples of the possible application of your answers. 1. Why a company would not always store large amounts of inventory to avoid missing deliveries? 2. What about the model production run when the daily production rate becomes very large? 3. When the safety stock is used, how the standard deviation of demand is calculated during the delivery time, if demand is normally distributed and delivery times are constant? How it is calculated if the daily demand is constant and delivery times are normally distributed? How is calculated If both the delivery time and demand, have normal distributions? 4. What is the purpose of the JIT? 5. What is the goal of a Kanban system?