(Answered) : Question 4 Differentiate Following Perpetual Inventory Monitoring Periodic Inventory Moni Q28737457

Question 4 Differentiate between the following: a. Perpetualinventory monitoring and periodic inventory monitoring [4 marks] b.Pipeline inventory and buffer inventory [4 marks] c. EOQ with usageand EOQ with price breaks [5 marks] d. It is your responsibility,as the new head of the automotive section of Nichols DepartmentStore, to ensure that reorder quantities for the various items havebeen correctly established. You decide to test one item and chooseMichelin tires, XW size 185 x 14 BSW. A perpetual inventory systemhas been used, so you examine this as well as other records andcome up with the following data: Cost per tire $35 each