Which of the following is FALSE regarding control charts? A)Values above the upper control limits imply...

    

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Which of the following is FALSE regarding control charts? A)Values above the upper control limits imply that the product's quality is exceeding expectations. B) Control charts are built so that new data can be quickly compared to past performance data C) Control charts graphically present data D) Control charts plot data over time E) None of the above is false 2. (15 points) Consider the following monthly demands for a certain product. Holding cost for this product is $2 per month per product and ordering costs is $100. Lead time is 0 months. Calculate the planned order releases using the EOQ technique. What is the inventory costs of this plan? 2 4 5 6 Month Requirement 1 120 100 3 80 200 120 120 3. (5 points) The bullwhip effect: A) occurs as orders are relayed from retailers to distributors to wholesalers to manufacturers. B) results in increasing fluctuations at each step of the sequence. C) increases the costs associated with inventory in the supply chain. use of distortions in information in the supply chain. Which of the following is FALSE regarding control charts? A)Values above the upper control limits imply that the product's quality is exceeding expectations. B) Control charts are built so that new data can be quickly compared to past performance data C) Control charts graphically present data D) Control charts plot data over time E) None of the above is false 2. (15 points) Consider the following monthly demands for a certain product. Holding cost for this product is $2 per month per product and ordering costs is $100. Lead time is 0 months. Calculate the planned order releases using the EOQ technique. What is the inventory costs of this plan? 2 4 5 6 Month Requirement 1 120 100 3 80 200 120 120 3. (5 points) The bullwhip effect: A) occurs as orders are relayed from retailers to distributors to wholesalers to manufacturers. B) results in increasing fluctuations at each step of the sequence. C) increases the costs associated with inventory in the supply chain. use of distortions in information in the supply chain.

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