Question: GIVE ME ONLY THE QUESTION NUMBER AND ANSWERQuestion 4 1 ( 0 . 5 5 5 5 points ) Saved In a supermarket, a vendor's
GIVE ME ONLY THE QUESTION NUMBER AND ANSWERQuestion points
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In a supermarket, a vendor's restocking the shelves every Monday morning is an example of:
Question options:
safety stock replenishment.
economic order quantities.
reorder points.
fixed order intervals.
blanket ordering.
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Monitoring inventory turns over time can be used as a measure of performance.
Question options:
True
False
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Which of the following is not true for the economic production quantity model?
Question options:
Usage rate is constant.
Production rate exceeds usage rate.
Run size exceeds maximum inventory.
There are no ordering or setup costs.
Average inventory is onehalf maximum inventory.
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Average demand for a particular item is units per year. It costs $ to place an order for this item, and it costs $ to hold one unit of this item in inventory for one year. If the fixedorderinterval model is chosen in this instance, how often on average will this item be ordered?
Question options:
once a month
once every other month
twice a month
twice every three months
three times every two months
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Using the EOQ model, the higher an item's carrying costs, the more frequently it will be ordered.
Question options:
True
False
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