Define, deterministic, stochastic, multiperiod and multiechelon.
Provide the benefits and drawbacks to each.
Which methodology should be used by SBS and by MLD ?
Scenario: The first client, SBS Seating, manufactures front seats for several major car manufacturers, while the second is MLD Hospital's Diagnostic Medicine unit.
SBS Seating manufactures leather seating that consists of various components, such as frames; electrical parts (heating and comfort features); padding; and leather sewing (final assembly). Each of these components is developed at separate locations, and the final assembly is done at the main plant.
MLD Hospital's Diagnostic Medicine unit is primarily responsible for processing patients' blood work. Patients are directed to one or more collection offices where blood is drawn, and then the blood is sent to various other departments depending on the test.