Question: help please!! Answer all urgently n Question 31 (5 points) Which one is INCORRECT about inventory models? a) Constant demand is a key assumption of
help please!! Answer all urgently n
Question 31 (5 points) Which one is INCORRECT about inventory models? a) Constant demand is a key assumption of the EOQ model. b) When demand is independent, it is not related to demand for other components or items produced by the firm. c) In the EOQ model, if the average inventory during each cycle is 1/2Q, the average inventory over any number of cycles is Q/2. d) The time between placing orders is the lead time. uestion 32 ( 5 points) For the EOQ model, which of the following relationships is NOT correct? a) As the order quantity increases, the number of orders placed annually decreases. b) As the order quantity increases, annual holding cost increases. c) As the order quantity increases, average inventory increases. d) As the order quantity increases, annual ordering cost increases. Exhibit 2. Grizzly LLC produces its multimedia notebook computer on a production line that has an annual capacity of 16,000 units. EL Computer estimates the annual demand for this model at 6000 units. The cost to set up the production line is $1500, and the annual holding cost is $20 per unit. Current practice calls for production runs of 500 notebook computers each month. Based on the optimal production lot size is 1200 , find how many production runs should be made each year? a) 6 b) 4 c) 5 d) 3 Exhibit 2. Grizzly LLC produces its multimedia notebook computer on a production line that has an annul capacity of 16,000 units. EL Computer estimates the annual demand for this model at 6000 units. The cost to set up the production line is $1500, and the annual holding cost is $20 per unit. Current practice calls for production runs of 500 notebook computers each month. Based on the optimal production lot size is 1200, find the holding cost? a) 7500 b) 15000 c) 5000 d) 9375 Question 35 (5 points) After reviewing past history, you have assembled the following table showing the frequency of certain levels of sales over the past 40 months. If the smallest random number used to represent sales of 200 units is 0.45, what will be the largest number used to represent sales of 200 units? a) 0.50 a) 0.50 b) 0.65 c) 0.30 d) 0.90





Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
