1. Discuss examples of sports stories where fans and/or the media are part of the story.
2. West Valve sells industrial vales. Annual demand of 4,000 units. Cost of valve is $90. Inventory carrying cost is 10% of cost of each valve. Average order cost is $25 per order. Two weeks for order lead time, and demand during this time is approximately 80. Is the ROP greater than the EOQ? If so, how is this situation handled?