Which of the following statements about the Just-in-Time approach are true? (select all that apply)

What is a process (in the context of operations management)?

What is Jidoka?

What are the consequences of too much safety stock?

(Select all that apply)

What happens to transit stock if the transportation

time increases by 20%?

What happens to cycle stock if you increase the order quantity by 50% (but demand/sales remain the same)?

The following provides 2023 financial information for Bavarian Lederhosen (a Lederhose is a traditional Bavarian piece of fashion), a retailer of Bavarian style fashion (in USD $):

How many "days of supply" did Bavarian Lederhosen have in inventory in 2023? (Assume 365 days per fiscal year. Answer in number of days, use decimal points ##.0 if needed)

Which of the following statements about Service Level Agreements (SLA) are true? (Select all that apply)

What are advantages of a Make-to-order strategy compared to a Make-to-stock strategy?

(Select all that apply)