a) A (Q, R) (reorder point) ordering system would typically have a: (choose one)

Group of answer choices

Fixed order quantity and fixed time between orders

Fixed order quantity and variable time between orders

Variable order quantity and fixed time between orders

Variable order quantity and variable time between orders

b) Under the EOQ model, as the fixed cost of ordering (S) decreases: (check all that apply)

Group of answer choices

We order larger quantities at a time

We order smaller quantities at a time

The average time between orders increases

The average time between orders decreases

c) Under the EOQ model, as the annual carrying cost per unit (H) increases: (check all that apply)

Group of answer choices

the average number of orders per year increases

the average number of orders per year decreases

the average cycle stock level increases

the average cycle stock level decreases