When conducting reference checks and employment histories

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1. 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?

2. What areas of federal legislation must be considered when conducting reference checks and employment histories?

3. Piyadasa’s Fish market buys fresh Boston Tilapia daily for $5.85 per pound and sells it for $7.80 per pound. At the end of each business day, any remaining bluefish is sold to a producer of cat food for $3.50 per pound. Daily demand can be approximated by a normal distribution with a mean of 180 pounds and a standard deviation of 50 pounds. What is the optimal order quantity?

Reference no: EM132237830

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When conducting reference checks and employment histories : What areas of federal legislation must be considered when conducting reference checks and employment histories?

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