1. (Impact of Lead Time) Suppose a firm holds a safety stock of 100 and the current lead time for delivery is 2 days.
(a) If the supplier delivers in 8 days, the firm holds a safety stock of ___. [Answer format: integer]
(b) If the supplier delivers in 1 day, the firm holds a safety stock of ___. [Answer format: integer]
2. Union are key stakeholder in the human resource management. Describe their role and discuss in detail how the impact the compensation management decision
3. Which of the following best expresses the Libertarian, or narrow view, of corporate social responsibility?
A. The purpose of the corporation is to increase shareholder profits.
B. The purpose of the corporation is to increase net social utility.
C. The purpose of the corporation is to benefit all stakeholders.
D. The purpose of the corporation is to facilitate capital liquidity.