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Unformatted text preview: Demand N~(100,10^2) 8 Commonality Same idea applied to production setting. 9 Two different parts What is the optimal target inventory level for each part? What is the total inventory? Saab Demand N~(100,10^2) Floor pan for Saab 9000 Alfa Romeo Demand N~(100,10^2) Floor pan for Alfa Romeo 164 10 If the two models share the identical part, What is the optimal target inventory level? Impact on R&D costs One floor pan for two models Saab Demand N~(100,10^2) Alfa Romeo Demand N~(100,10^2) 11 Late Customization Again the same idea 12 Red and Blue Tshirts Fabric Dye in blue Cut Sew Blue N~(100,10 Dye in red Cut Sew Red N~(100,10^ 13 Benetton Red and Blue Tshirts In fashion/apparel industry forecasting is always an issue. Fabric Cut Sew Dye in red Red N~(100,10^2 Blue N~(100,10^ Dye in blue...
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 '07
 Vaitsos
 Management, Standard Deviation, Variance, target inventory level, Alfa Romeo Demand, optimal target inventory, Demand N~

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