Question: Question 17 (1 point) In inventory management, the Fixed Quantity inventory model has the following characteristic: OA) The company reorders every time the inventory hits

Question 17 (1 point) In inventory management,
Question 17 (1 point) In inventory management, the "Fixed Quantity" inventory model has the following characteristic: OA) The company reorders every time the inventory hits a reorder point B) The company reorders every time the inventory depletes the safety stock C) The orders are placed at the same time intervals D) The quantity ordered varies every time a new order is placed Question 18 (1 point) "Economies of Scale" means: OA) The higher the volume/money (bargaining power), the better discounts/prices a company can get B) The higher the volume, the higher the cost of the items OC) The upstream processes are able to offer higher prices to the customers D) Markets that are only found in developed countries, like for example the US or Germany

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!