Why is it important for the project manager to understand

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Reference no: EM132197097

1. A retail store has mean sales of 200 units monthly with a standard deviation of 50 units. It takes two weeks to receive an order. The goal is a service level of 95%. What is the safety stock required and reorder point.

2. How does a breakeven analysis help marketers determine the best price for their products? What other factors should companies consider? Why? Why is price such a difficult variable to control? What factors must they consider in setting prices?

3. Why is it important for the Project Manager to understand the differences between project-specific requirements and normal business operations?

Reference no: EM132197097

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