Question: 1 0 3 points Select the description which most closely fits the term SAFETY STOCK the time it takes to replenish an item in inventory

103

points

Select the description which most closely fits the term SAFETY STOCK

the time it takes to replenish an item in inventory

a listing of components required to manufacture a product

Surplus inventory that a company holds to protect against uncertainties in demand, lead time, and supply changes the time when an order should be placed

103 points Select the description which most closely fits the term

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Select the description which most closely fits the term SAFETY STOCK The time it takes to replenish an.a item in inventory Extra inventory of an item carried.b to protect against variations in demand...

Select the description which most closely fits the term SAFETY STOCK: the time it takes to replenish an item in inventory extra inventory of an item carried to protect against variations in demand...

Select the description which most closely fits the term order point The time it takes to replenish an item in inventory Extra inventory of an item carried to protect against variations in demand...

Question 1 (4 points) Which of the following company objectives are in conflict? I. Maximize customer service. II. Minimize operating costs. III. Minimum inventory investment. I, II and III I and...

Question 16 Not yet If the average demand for the first quarter was 140 and the average demand for all quarters was 175, what is the seasonal index for the first quarter? answered Points out of 3.00...

Statement Choices Answer 1. Inventories that are built up in advance of a peak selling season, a promotion program or a plant shut-down are known as: a lot size inventories b. transportation...

i need help with these 2 questions An order system in which the order quantity is allowed to change and the order cycle is fixed is called the: Reorder point system Periodic review system Safety...

Choices Statement lot-size inventoriesla transportation inventories.b safety stocks.c anticipation inventories.d Inventories that are built up in advance of a peak selling season, a promotion program...

1. Select the description which most closely fits the term ORDER POINT: a) the time it takes to replenish an item in inventory. b) extra inventory of an item carried to protect against variations in...

Select the description which most closely fits the term LEAD TIME: the time it takes to replenish an item in inventory extra inventory of an item carried to protect against variations in demand...

The source follower amplifier provides lower output impedance and essentially unity gain. The circuit diagram is shown in Figure P2.20(a), and the small-signal model is shown in Figure P2.20(b).This...

The product of the first five natural numbers is, 1.2.3-4.5 = 5! = 120 %3D The square of the sum of the first five natural numbers is, (1+2 +3+4 + 5)2 = 152 = 225 Hence the difference between the...

On the banis of the following data for Larson Co . for the year ended December 3 1 , Year 2 , and the preceding year ended Decemby cash flows for War 2 . Use the indirect method of reporting cash...

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...