Jam Electronics 金梦珂1120329011 1.How can the firm cope with huge variability in customer demand? It can take some measures to reduce the lead time,perhaps by using air carriers. 2.What is the relationship between service and inventory level? Low service level means that small percent of the orders can be delivered on time,which can cause high inventory level. 3.What is the impact of lead time and lead time variability on inventory level? Long lead time means low service level,which causes high inventory level. 4.What an effective inventory management policy can you give to the firm? 1)Increase the priority of the order received from the U.S.. 2)Reduce the lead time.Since low service level may affect the company'reputation,it's important to increase it.Reducing the lead time is an effective way
Jam Electronics 金梦珂 1120329011 1. How can the firm cope with huge variability in customer demand? It can take some measures to reduce the lead time, perhaps by using air carriers. 2. What is the relationship between service and inventory level? Low service level means that small percent of the orders can be delivered on time, which can cause high inventory level. 3. What is the impact of lead time and lead time variability on inventory level? Long lead time means low service level, which causes high inventory level. 4. What an effective inventory management policy can you give to the firm? 1) Increase the priority of the order received from the U.S. . 2) Reduce the lead time. Since low service level may affect the company’ reputation, it’s important to increase it. Reducing the lead time is an effective way