1. Provide an example of a specific type of medical error and discuss its significance and the factors contributing to such errors.
2. What is employee profiling? How can it be used to create a sourcing plan?
3. Consider the EOQ model with positive lead time. Lead-time is L1 with probability p and L2 with probability (1-p). How would you calculate the reorder point?
4. A primary reason for developing a frequency program is to encourage customers to be loyal to a business or brand. For each of the following products below, discuss the merits of a frequency program. What types of incentives would individuals need to join the frequency club and then participate in the program?
Local restaurant
Auto repair service
Printing service
Clothing retailer