Distributors add value to a supply chain between a supply stage and a customer stage if there are many small players at the customer stage, each requiring a small amount of the product at a time

According to Christopher Bartlett and Sumantra Ghoshal, how can local companies differentiate themselves from foreign multinationals?

A. By licensing their core technologies B. By entering into turnkey projects C. By standardizing their product offerings D. By focusing on market niches E. By raising trade barriers

Demand for a product is approximately normal, averaging 5 units per day with a standard deviation of 1 unit per day. Lead time for this product is approximately normal, averaging 10 days with a standard deviation of 3 days

What reorder point provides a service level of 90 percent?