Please try and answer all questions

Question 5 1.5 pts If Max Burgers orders hamburger buns according to an EOQ policy and determines they want to increase their service level from 80% to 90%, what will happen to their EOQ ordering policy? The optimal order quantity will increase Their reorder point will increase The optimal order quantity will decrease Their reorder point will decrease D Question 6 1 pts If my holding costs continue to decline, what operations planning strategy becomes more attractive? Chase Level Stable with Outsourcing Stable with Overtime Question 7 1.5 pts As part of revenue management, what revenue maximizing strategy would work best for selling perishable goods that will expire? Hold the price stable throughout the selling period Decrease the price slowly and then decrease the price aggressively as the expiration date approaches Decrease price slowly and then increase the price towards the expiration date Increase the price slowly and then decrease the price towards the expiration date Increase the price slowly and then increase the price more aggressively as the expiration date approaches D Question 8 1 pts Managing the entire organization to excel in all dimensions of products and services that are important to a Lean Quality Management Statistical Quality Management Total Quality Management Six Sigma Quality Management