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Question 1. Discuss what happens to the average inventory level if the demand uncertainty is high. (Your response must include the formula for the average inventory level.)
Question 2. Discuss what happens to the reorder level if the lead time is long. (Your answer must include the formula for the reorder level.)
Question 3. Discuss what happens to the order quantity and the average inventory level if the ordering cost is high. (Your answer must include the formulas for the order quantity and the average inventory level.)
Question 4. Discuss what happens to the average inventory level if the desired service level is high. (Your answer must include the formula for the average inventory level.)
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Please compare and contrast economic, market, and relevancy value.
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Nittany Fans of Lewistown, Pennsylvania, is a distributor of industrial fans used in plants, warehouses, and other industrial facilities.
What factors reduce the capacity of the organization to get its objectives?
What is the total annual cost
Briefly define the following two supply chain metrics: (i) inventory turnover ratio and (ii) supply chain velocity.
Explain the supply chain management concept, Differentiate between public and private sector organisations in terms of their supply chain objectives and strategies
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