QUESTION 10 For a given product, the optimal order quantity is 200 units, average lead time demand is 1,000 units, and the optimal safety stock is 500 units. What is the reorder point for a reorder point model(R, Q model)? Select the closest answer. 1,500 units 1,700 units 200 units 350 units 1,900 units QUESTION 11 A company sells two products which both have the same lead time characteristics in terms of mean and standard deviation). Demand for product A is 80 units, on average, with a standard deviation of 18 units. Demand for product B is 75 units, on average, with a standard deviation of 16 units. Based on this information, we can conclude that the degree of uncertainty (in terms of the standard deviation of lead time demand) must be greater for product A than product B. True False QUESTION 12 A repair garage has a demand for oil of 100 gallons per day with a standard deviation of 10 gallons per day. The lead time for oil is exactly 12 days causing the optimal safety stock to be 200 gallons. What is the reorder point for the oil using a reorder point model (R, Q model)? Select the closest answer 700 gallons 920 gallons 1,400 gallons 1,200 gallons