What is the purpose of preapproach

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Reference no: EM132222211

1. Annual demand for a brand of sterile gloves is 40,000 units. Costs to hold a unit of inventory for a year are $1.50. Placing an order costs $60. The standard deviation in daily demand is 10 units, and lead time is 9 days. Assuming a safety stock that allows a 98% service level, find the average level of inventory for this product.

2. What is the purpose of the preapproach? What are the two prescriptions included in the preapproach?

3. A task factor that is a qualitative or quantative description. A. set B. population C. variable D.Constant

Reference no: EM132222211

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