Consider continuous review inventory system

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1. List the steps that must be followed for each user view, as suggested by the information-level design methodology. ?

2. Consider a continuous review inventory system. Demand is normally distributed with an average of 74,000 per month and a monthly standard deviation of 2400 units. Lead time is two weeks (assume one month is four weeks). If the firm desires only an 81% cycle service level, how many units of safety stock should be held??

3. What is a product with high elasticity that you have used in the past – explain your answer.

Reference no: EM132238055

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