(Answered) 1 what is a safety stock and when should it be used how

Management Studies

1. What is a safety stock and when should it be used? How have safety stocks been used in a global organization with which you are familiar? Were they relied upon appropriately?

2. What is the difference between synchronous manufacturing and just-in-time manufacturing? Compare how each affects scheduling and controlling. How can a global organization begin to rely on these methods to become more competitive and efficient?

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