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Walmart and Superstore have identical cost structure and equal average demand. Walmart has a higher standard...

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General Management

Walmart and Superstore have identical cost structure and equalaverage demand. Walmart has a higher standard deviation in forecastthan Superstore. Will Walmart or Superstore have the higherinventory level? Explain arguments and reasoning clearly .

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3.7 Ratings (539 Votes)
The inventory of any operation is usually given by the formula Inventory level Average inventory Safety stock Here average inventory depends on the order quantity of a product For example if a product is ordered in the quantity of Q units at    See Answer
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