1. Propose at least three ways a company can have a higher product availability with the same level of safety inventory.
2. If the demand for two products has the same standard deviation, does it necessarily mean they show the same uncertainty in demand? Explain your response.
3. Which inventory replenishment policy (continuous or periodic review) you think was used before the age of computers? Why?
4. Is it easier to increase the fill rate from 80% to 85% or from 90% to 95%? Explain your response.
5. What are some practical ways to reduce supply uncertainty?