Question: 1. In the basic EOQ model, if both, annual demand and annual holding cost are doubled, the effect on the EOQ is: (a) It doubles.

1. In the basic EOQ model, if both, annual demand and annual holding cost are doubled, the effect on the EOQ is:

(a) It doubles.

(b) It is half of its previous amount.

(c) It is about 70% of its previous amount.

(d) It remains the same.

2. Which of the following increases the bullwhip effect in supply chains?

(a) Increasing the lead time for delivering orders.

(b) Instituting good systems for quality control.

(c) Using a more reliable delivery company.

(d) Enhancing supplier-buyer relationship and coordination.

3. Which of the following would be included as an inventory holding cost?

(a) Order Placing

(b) Transportation

(c) Quality Discounts

(d) Breakage

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!

Q:

In the basic EOQ model, if the annual demand increases by nine times and all other values remain constant, the EOQ will" ( look at the EOQ formula ) . EOQ = Sq Root of [ ( 2 xDxS ) / H ] , D = annual...

Q:

In the basic EOQ model, if the annual demand and holding costs both double, the EOQ value 1.Doubles 2.Increases, but less than double 3.Remains the same 4.Decreases to half

Q:

Formularium Management III Kevin Denis June 18, 2014 Use at own risk. Part I Inventory Control 1 Known demand (p198) 1.1 Basic EOQ model (p210) Assumptions: 1. Demand is xed at units per unit time....

Q:

A "decentralized" management structure is best suited for a ... Question 12 options: profit/investment center none of the answers are necessarily correct revenue center cost center Question 13 (1...

Q:

In the basic EOQ model, if holding cost doubles, the effect on the EOQ is: O It doubles. It is four times its previous amount. It is half its previous amount. It is about 70 percent of its previous...

Q:

Jordin Henry's machine shop uses 2,480 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: Annual...

Q:

Question 1- 10 marks Bbudgeting can be seen as a process of planning, monitoring and control. Explain the benefits of budgeting.( 10 marks) Question 2-40 marks Sanyo Company produces programmable and...

Q:

Question 1- 10 marks Bbudgeting can be seen as a process of planning, monitoring and control. Explain the benefits of budgeting.( 10 marks) Question 2-40 marks non- Sanyo Company produces...

Q:

***NOTE : please don't answer the questions by hand write ... thank you Question 1- 10 marks Bbudgeting can be seen as a process of planning, monitoring and control. Explain the benefits of budgeting...

Q:

Question 4: (40 marks) Assume you have a product with the following parameters: Annual demand= 360 units Holding cost per year = 1 $ per unit Ordering cost = $ 100 per order Requirement: 1-What is...

Q:

What is an applicant diversity chart?

Q:

Pat invested a total of $3,000. Part of the money was invested in a money market account that paid 10% simple annual interest, and the remainder of the money was invested in a fraud that paid 8%...

Q:

What is a characteristic of the reward model of crowdfunding? Question 3 options: a ) Backers will expect interest to be paid on the loan. b ) Investors are given prizes for their financial support....

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....