The market for a product has an extremely low minimum efficient scale. Which of the following is a valid conclusion about this market? A) There are unlikely to be many firms within this market.
B) No firms in this market will operate with decreasing returns to scale.
C) There is likely a low market concentration for this product.
D) The efficient range will be relatively small for this product.
E) In the short term, fixed costs are likely very high.

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins