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Description about Inventory management for a restaurant
Problem- Design and develop an inventory plan for a hospital, bakery, restaurant or convenience store.
I need help to explain types of inventory, types of stock and recommendation for managing inventory are provided in the response. Also design and develop an inventory plan for a convenience store, hospital, restaurant and bakery.
Examine and present the problem (in word file), formulate it as a spreadsheet (Excel Solver, Mixed Integer Linear programming model MILP calculations for the case question) and determine a solution.
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Purchasing manger is currently reordering whenever the inventory on hand is equal to twice as much as the safety stock level. Calculate the reorder point and achieved fill rate in this policy.
true or falsenbspnbspnbsp23.nbspnbspnbspnbspin game theory the player seeking to maximize the value of the game selects
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