How can firms cope with huge variability in customer demand, Operation Management

How can firms cope with huge variability in customer demand

Please answer the following questions after reviewing the reading and lessons for Week 2

1. How can firms cope with huge variability in customer demand?

2. What is the relationship between service and inventory levels?

3. What is the impact of lead time, and lead time variability, on inventory levels?

Instructions: Your initial post should be at least 250 WORDS.

Video:

“Inventory Management – An Introduction” by Logistics Bureau.

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Operation Management: How can firms cope with huge variability in customer demand

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Operation Management: How can firms cope with huge variability in customer demand

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