QUESTION 38 inventory Additional inventory that is kept over and above the amount required to meet demand and used to buffer against variability in supply or demand is called O Finished Goods O Work-in-Process (WIP) Safety Stock O Raw Material QUESTION 39 As a firm utilizes the pooling effect and delayed differentiation in its logistic and warehouse network, the cost of lost sales due to running out of product typically Increases Stays the same Can't be determined Decreases QUESTION 40 Taximum theoretical capacity commonly refers to the upper limit on: Utilization Rate of demand Efficiency e Rate of output Finances QUESTION 41 customer's expected waiting time decreases as the number of pooled servers increases. Assume utilization remains constant remains the same increases Not enough information to determine