Question: How would you determine optimal reorder points if inventory demand was random? 2. What are some disadvantages of Pareto analysis (the 80-20 rule)? 3. How

How would you determine optimal reorder points if inventory demand was random?

2. What are some disadvantages of Pareto analysis (the 80-20 rule)?

3. How can organizations reduce variation in waiting line performance?

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1 Determining Optimal Reorder Points with Random Inventory Demand When dealing with random inventory demand one common approach to determining optimal reorder points is through statistical methods suc... View full answer

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