Question: QUESTION 13 Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Orderd Quantity = 150 units reprder point =

QUESTION 13 Consider the following inventory

QUESTION 13 Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Orderd Quantity = 150 units reprder point = 40 units Make sure you place an order at the end of the day Lead time is 2 days ( it takes 2 days to receive any order you may place) Day Monday Tuesday Wednesday Thursday Order Starting 100 inventory Demand 70 50 30 20 Ending Inventory Do you have any shortages on Tuesday? If so, how much the shortage cost should be if each short unit costs $10? O No shortages occur O $100 O $50 O $200 QUESTION 14 Quality is the inability of a product or service to meet or exceed customer expectations O True O False

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