Question: Question 2: Explain how a reduction in lead time can help a supply chain reduce safety inventory without hurting product availability. Describe the two types

Question 2:

  1. Explain how a reduction in lead time can help a supply chain reduce safety inventory without hurting product availability.
  2. Describe the two types of ordering policies and the impact that each of them has on safety inventory.

Question 3:

  1. Consider two products with the same cost but different margins. Which product should have a higher level of product availability? Why? Explain how
  2. How can postponement of product differentiation be used to improve supply chain profitability?

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