1) Demand for a particular product is normally distributed with a mean of 100 units and a standard deviation of 20 per period. if there are 120 units in inventory at the beginning of this period.
a) what is the expected cycle service level (aka type 1 service level)?
b) what is the expected fill rate ( aka type 2 service level)
2) What is a bullwhip effect?
3) Identifiy at least two primary causes for the bullwhip effect.
4) How can one avoid the bullwhip effect or at least reduce its consequences? list at least two highlyeffective remedies.