1. It has been said that, given the growing complexity and dynamism of the world of business, all organizations will have to ad opt some type of a matrix structure. Do you agree or disagree with that argument? Explain.
2. An item that is managed with a periodic review system has average daily demand of 60 units with a standard deviation of 2. The order interval for this item has been set at 10 days. Lead time for this item averages 5 days, with a standard deviation of 0.5 days. Acceptable stockout risk has been established as 2.5%. At the latest count, there are 480 units in inventory. How many units should be ordered?