Factors that put pressure on firms to carry more safety
Factors that put pressure on firms to carry more safety inventory include: (multiple possible correct answers)A) Increased inventory holding costsB) The ease with which current customers can find alternative suppliersC) Increased product variety demanded by customersD) Shorter product life cyclesE) A higher degree of demand uncertaintyThe coefficient of variation: (multiple possible correct answers)A) Measures the correlation between demand in different periodsB) Will be larger if the average demand is larger for a given standard deviation valueC) Is a measure of demand uncertaintyD) Equals the square root of the lead time times the standard deviation of demandE) Allows comparisons of relative variability for two products with the same mean demand