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States the numerical flexibility workforce?
Numerical flexibility allows a firm to adjust quickly to changing levels of demand through increasing or decreasing the number of workers. This is frequently achieved through reducing permanent full-time staff and making more employ of subcontractors, part-time or temps workers.
Item Cost - $7.00 Order Cost - $283.00 Annual Hold - 32% of item cost Annual Demand - 22,100 Average Demand - 442 per week Standard deviation of weekly demand 20 per week lead time
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