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Widening inequality than globalization or automation

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Reference no: EM132180253

1. Why is “monopoly power” more responsible for widening inequality than globalization or automation?

2. Video City stocks a popular video game in which daily demand follows the normal probability distribution with a mean of 15 videos and a standard deviation of 4 videos. Lead time is constant and is 3 days. Video City would like to achieve a 94% service level.

a. Calculate the reorder point for Video City.

b. Calculate the amount of safety stock for Video City.

Reference no: EM132180253

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