13. A company in Doha buys a component from Turkey. The daily demand for this component is 160 units, the price per unit is QR 500 , the cost per order is QR 260 , annual holding cost per component is QAR 5 and the number of working days during the year is 260 . Company buys this component from a supplier with a lead-time of 3 days. The number of orders per year and reorder point (ROP) will be a) 20,160 b) 10,480 c) 10,160 d) 20,480 15. Which of the following statement is "FALSE" a) Services can be classified as Service Factory or Professional Services or Service Shop or Mass Service based on Degree of Customization and Degree of Capital Investment. b) A company producing cars has an Actual Output of 525 cars in one month. Its Effective Capacity was 700 cars per month and its Design Capacity is 750 cars per month. The Efficiency would be 75% and Utilization of the car company would be 70%. c) According to process chart that focus on value adding activities in a process, inspection is a nonvalue adding activity. d) Value stream mapping focus on value addition in the entire production process including supply chain