Answer the following questions using the information below:
The following information applies to Labs Plus, which supplies microscopes to laboratories throughout the country. Labs Plus purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.
-If Brian Company has a safety stock of 320 units and the average daily demand is 20 units, how many days can be covered if the shipment from the supplier is delayed by 12 days?
Definitions:
Routine Decisions
Decisions that are made frequently and with a relatively simple process because they involve situations that have occurred before and have predictable outcomes.
Established Procedure
A set method or protocol that has been officially adopted for conducting activities or accomplishing tasks.
Rational Model
A decision-making model that involves a structured and logical process to arrive at a decision.
Possible Alternatives
Other options or choices available in a decision-making process, considered when the primary plan or choice is unavailable or unsuitable.
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