inventory acts as a buffer between workstations in flow shops or departments in job shops to enable the operating process to continue.

Group of answer choices

Safety stock

Cycle stock

Raw materials

Finished good

None of above

2) The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy fresh lettuce for $5.00 a box. The lettuce is sold for $10.00 a box and the dealer that sells old lettuce is willing to pay $1.50 a box. Past history says that tomorrows demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. How many boxes of lettuce should the supermarket purchase tomorrow? (select the closest value from options based on your calculation)

Group of answer choices

387

530

101

258