Question: QUESTION 13 Assume a continuous review (Q) inventory control system. What should be the affect of the following change on safety stock (assuming that they

QUESTION 13 Assume a continuous review (Q)

QUESTION 13 Assume a continuous review (Q) inventory control system. What should be the affect of the following change on safety stock (assuming that they adjust their order practices accordingly)? If an electronic data interchange (EDI) system is implemented to reduce the administrative cost of placing and order, then safety stock should a. increase b. decrease OC. not be changed (stay the same) QUESTION 14 Assume a continuous review (Q) inventory control system. What should be the affect of the following change on safety stock (assuming that they adjust their order practices accordingly)? If consumer behavior becomes more erratic and fluctuates more from period-to-period than it has in the past (i.e., higher standard deviation to demand), then safety stock should a. increase b. decrease OC. not be changed (stay the same) QUESTION 15 Assume a continuous review (Q) inventory control system. What should be the affect of the following change on safety stock (assuming that they adjust their order practices accordingly)? If the company switches carriers (trucking companies), which results in a longer lead time on orders from the supplier, then safety stock should a. increase b. decrease OC. not be changed (stay the same)

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