Decision rule be used selecting between smartphone brands

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1. Assuming that demand is normally distributed (mean of 250 units, standard deviation of 75 units per period) and a lead time of 3 periods (with a standard deviation of 2 periods), what reorder point will guarantee that no more than 5 percent of order cycles will have one or more stockouts? (Choose the best answer.) (Note use the areas of the standard normal distribution to answer.)

2. How can the noncompensatory decision rule be used when selecting between smartphone brands?

3. Describe the top 3 qualities you believe a person needs to be a good team player. Be sure to back up your thoughts with a reference for support. Don't just give your opinion, but give an educated opinion backed up by evidence. Then, describe how you've seen someone exhibit one of these qualities in a team in which you've participated.

Reference no: EM132259986

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