A firm sells an average of 2,000 units of snacks from its existing stock while it waits for orders to be delivered. Demand during lead time varies in accordance with a normal distribution. The firm's supply manager prepares a presentation to explain the concept of customer service and safety stock levels using the following figure:

What does the shaded area D (in red) represent?

A company finds that tracking demand for products sold at its retail outlets makes forecasting a challenge. Which of the following would be MOST useful in providing rapid updates when dealing with suppliers?

An ERP purchasing module indicates a gross requirement of 100 units for part number A123. There is an open purchase order for 55 units. The item master for this supplier shows an order lot size of 30 units each. In this situation, how many units of this part will the exception report indicate should be ordered7

How long after the delivery date must a freight claim on a motor carriage shipment be presented and filed with the carrier in the United States’ 

BCD Manufacturing's products have very high velocity. Accordingly, the firm is redesigning its warehouse to

accommodate additionalimplement a system that

will allow its products to be stored in flexible locations, due to the high demand of different SKUs. This

strategy should also allow the orgfeization to improve warehouse efficiency. In this situation, which of the

following types of storage strategies should BCD employ?