QUESTION 26 = 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) = Monday Tuesday Wednesday Thursday 100 Day Order Starting inventory Demand Ending Inventory 70 50 30 20 Do you have any shortages on Tuesday? If so, how much the shortage cost should be if each short unit costs $10? No shortages occur $100 $50 $200 QUESTION 27 The following choices about Location Planning are CORRECT EXCEPT Transportation cost is one of the disadvantages of global locations Import restrictions is one of the disadvantages of global locations Expanding markets is one of the benefits of global locations. Do nothing is not one of the options available for location planning QUESTION 28 The following choices are consequences of poor quality EXCEPT low quality reputation low costs low productivity O low customer loyalty QUESTION 29 The cost incurred to handle quality problems when the product is delivered to customers, is called-- O Internal failure cost External failure cost Appraisal cost Prevention cost QUESTION 30 In supply chain management, supplier holds inventory for a buyer in return for long-term commitment. This will reduce the holding cost for the buyer and relieve the supplier from the cost of finding new customers. This is referred to---. Competitive bidding Strategic partnering O Early supplier involvement None of them