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Joe Runs a Pizzeria at a Busy Place in a City.Around

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Joe runs a pizzeria at a busy place in a city.Around 125 customers visit every day and they each buy 3 pizzas on average.Joe has employed 20 laborers to make pizzas.The productivity of one laborer per day in the pizzeria is equal to _____.


Definitions:

Unpredictable Demand

Demand characterized by high variability and challenging to forecast accurately, often influenced by external factors and trends.

Low Cost Countries

Countries with lower labor and production costs, making them attractive locations for manufacturing and sourcing components.

Safety Inventory

Extra stock kept on hand to guard against uncertainty in demand or supply and prevent stockouts.

Uncertain Demand

Refers to situations where future customer demand for a product or service is unclear or difficult to predict.

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