Assume that the system is perpetual inventory system. Then, a) The expected demand during lead-time is simply the sum of daily average demand for each of 19 days constituting the lead-time. b) We do not have sufficient information here because we do not know whether the environment is deterministic or probabilistic. c) We can tell from the statement in (a) that the demand is deterministic. d) We can tell from the statement in (a) that the demand is probabilistic. e) None of the above is true.

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.