Question: Please answer 1-5, thank you! Base on the lecture Dynamics of Inventories choose the single correct answer for the following questions. Question 1 (1 point)

Please answer 1-5, thank you! Base on the lecturePlease answer 1-5, thank you! Base on the lecturePlease answer 1-5, thank you! Base on the lecture

Please answer 1-5, thank you!

Base on the lecture "Dynamics of Inventories" choose the single correct answer for the following questions. Question 1 (1 point) Saved In an order-up-to system, the order-up-to level should become higher when backorder becomes more expensive True False Question 2 (1 point) Saved To plan for periodic inventory replenishment, we need to know a) the work schedule of the warehouse associates b) how frequently the third-party logistics company service their trucks c) how the supplier allocates its production capacity to our orders d) the customer's payment method (e.g., cash, credit card, debit card) Question 3 (1 point) Saved Which of the following is NOT an assumption for applying the order-up-to policy to the example in the lecture a) The supplier's delivery lead time is consistent over time b) The product acquisition cost is proportional to the quantity delivered c) There is a significant overhead cost, regardless of how many ordered, associated with purchase order management (issuing, tracking, and invoice) d) The unmet demand is fully backordered Question 4 (1 point) Saved In a periodic-review inventory system, a) The cost for shipping can be lower than in a continuous review system b) The scheduling of production is more complex for the supplier than in a continuous-review inventory system c) Under normal conditions, the purchasing orders are issued at any time when the buyer finds necessary d) The system inventory is completely ignored between the review time Question 5 (1 point) Saved Which one of the following is true for an order-up-to system a) The difference between the order-up-to level and the prior order inventory position is the amount in the purchasing order b) The order-up-to level is the target for the on-hand inventory that we would like to reach by issuing the purchasing order c) The pipeline inventory should not account for work-in-progress at the supplier's facility that are processed for past purchasing orders d) The order-up-to level is the total of the on-hand inventory and in-transit orders

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