Explain why is important to plan the demand

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1. Please explain why is important to plan the demand, and how is demand planning achieved?

2. Identify and explain the pros and cons of using the Internet for preliminary interviews? Telephone interviews? Skype or video interviews? Identify and explain pros and cons of face-to-face interviews.

3. A local Amoco station sells 1,600,000 gallons of regular unleaded gasoline each year and uses a (Q,R) policy to manage its inventory. The station’s estimated cost for placing an order is $72; its purchase cost is 91.9 cents a gallon; and its selling price is 106.9 cents a gallon. The costs associated with maintaining a gallon of gasoline in inventory is annualized at $0.40/gallon-year. If Amoco were to run out of gas, it would lose all sales until its inventory was replenished.

What is the cycle service level (B/(B+C)?

Reference no: EM132155333

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