QUOTE
Due to the large variation operating system functionality and webserver configurations, and the high likelyhood that log rotation procedures are highly site-specific, there is no cookbook method for establishing webserver log rotation on UNIX-type systems. However, a sample log rotation script called WebLogRotate is available from the Urchin web site in the Helper Scripts area. This script is written in Perl to make it as portable as possible, and is typically invoked from cron on a daily basis.
I was unable to find the answer on google.com (which acquired Urchin).
Q1. Isn't there log rotation script template for RHE?
Q2. I am using Urchin v5.7.03, and I see the option Advanced Settings -> Archive - Compress (and also Don't Touch, Archive - No Compression and Delete). Does Archive - Compress option automatically archive and rotate log files?