Question: Lead Time: 2 weeks 7 8 9 5 100 6 75 10 50 Use the following table to answer questions from 2 to 8 Item

Lead Time: 2 weeks 7 8 9 5 100 6 75 10 50 Use the

Lead Time: 2 weeks 7 8 9 5 100 6 75 10 50 Use the following table to answer questions from 2 to 8 Item XYZ Description Lot Size Date 1 2 3 4 Gross requirements 25 75 Projected on Hand 40 Planned order receipts Planned order releases 2. If an FOQ (Fixed Order Quantity) of 100 units is used, how many planned order releases are there for item XYZ? a. Two or three b. Four or five c. More than five d. Zero or one 3. If an FOQ of 75 units is used, how many planned order releases are there for item XYZ? a. Zero or one b. Two or three four or five d. More than five 4. If an L4L lot-sizing rule is used, how many planned order releases are there for item XYZ? a. Zero or one b. Two or three four or five d. More than five 5. If a POQ lot-sizing rule is used, where P = 3, how many planned order releases are there for item XYZ? a. More than five b. Zero or one b. Four or five d. Two or three 6. If a POQ lot-sizing rule is used, where P = 3, how many planned order releases are there for item XYZ? a. Zero or one btwo or three c. Four or five d. More than five 7. Which lot-sizing rule results in the highest average inventory? W.FOQ = 100 b. FOQ = 75 C. POQ, P = 3 d. L4L Which lot-sizing rule results in the lowest average inventory? a. FOQ = 100 b. FOQ = 75 c. POQ, P = 3 L4L 8

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