Which statement reflects changes in the role of management? The desire to encourage teamwork has resulted in larger, more cumbersome organizations with too many
workers.
Most workers today show little initiative or creativity, so managers must spend more time directing their
efforts.
Firms are recognizing that their workforces are too diverse, so managers must find ways to reduce diversity
without violating federal laws against discrimination.
The marketplace is becoming global, which increases both competition and opportunities for cooperation
and integration.

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?