Question: 8) Which of the following statements about the basic EOQ model is True? a. If the ordering cost were to double, the EOQ would also
8) Which of the following statements about the basic EOQ model is True?
a. If the ordering cost were to double, the EOQ would also double,
b. If the annual demand were to triple, the EOQ would double
c. If the carrying cost were to increase, the EOQ would double
d. If the annual demand were to double, the lead time would double
e. All of the statements above are incorrect
9) A companys supply chain is made up of:
1. Raw Materials Supplier
2. Components Manufacturer for Sub-assemblies
3. A firm that makes Sub-assemblies
4. End item Manufacturer (focal firm)
5. Wholesale Distributor
6. Local Retail Chain Warehouse
Who is considered the End item Manufacturer's second tier supplier?
a. Raw Materials Supplier
b. Wholesale Distributor
c. The final end item consumer
d. Components Manufacturer for Sub-assemblies
e. None of the above
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