option e) not enough information to tell

2) Which one of the following statements concerning the economic order quantity (EOQ) is TRUE?

a. The EOQ formula assumes that there are three relevant costs: holding, transportation, and setup.

b. The EOQ is the order quantity that minimizes annual inventory holding costs.

c. A decrease in holding costs will decrease the EOQ.

d. A decrease in demand will increase the EOQ.

e. An increase in setup (ordering) costs will increase the EOQ.

3) Which one of the following statements is best? (it is not option A)

a. The level of safety stock maintained decreases when the desired cycle-service level increases.

b. The level of safety stock maintained decreases when the standard deviation of demand during lead-time increases.

c. When no safety stock is maintained, stockouts are expected to occur during approximately 50% of the cycles.

d. As the service level increases, the probability of running out of stock during an inventory cycle also increases.

Question 5 1 pts The times in the following network diagram are given in days. B 2 D A F 3 E 3 Suppose disaster strikes and Activity E takes 6 days instead of the anticipated 3 days. Using this information and the network diagram, how much longer will the project last than initially estimated? 0 1 day O 2 days O 3 days O O days