Describe the importance of inventory management as it
relates to the Farmers Restaurant.

. What ordering system would be best for this situation?

. Given the following information, provide an example of how
much of Farmers Sausage Gravy Mix should be ordered. You
are doing the order for Thursday. Also, Kristin would like a
service level of 95 percent, and you have found that there
is a standard deviation of 3.5 units per week, and a moving
average weekly demand of 35 servings. The gravy mix comes
in packs of two servings. There are currently three packs in
inventory.

. Given the above information and an on-hand inventory of 12,
determine the risk of stock out at the end of the initial lead
time and at the end of the second lead time. The lead time is
two days and orders are placed once a week.

. The supplier Kristin uses is located in Ohio. Why might
Kristin consider dealing with a nearby supplier instead
of the one in Ohio? What reasons might there be for not
switching suppliers?