30. Which of the following is NOT an ordering cost? a. cost of receiving inventory b. cost...
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Question:
30. Which of the following is NOT an ordering cost?
a. | cost of receiving inventory |
b. | cost of preparing the order |
c. | cost of the merchandise ordered |
d. | cost of storing the inventory |
31. The size of the safety stock is directly affected by all of the following, EXCEPT the
a. | cost of a stockout. |
b. | probability of a stockout. |
c. | carrying cost of safety stock. |
d. | economic order quantity. 32. In order to use the Optimum Production Run (OPR) formula, what must be TRUE? A. Set-up cost/set-up must be constant B. Carrying cost/unit must be constant C. Manufacturing cost/unit must be constant D. All of the above must be true |
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