Question: QUESTION 33 Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Order Quantity = 150 units reprder point =

QUESTION 33 Consider the following inventory

QUESTION 33 Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Order 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 20 30 20 Ending Inventory What is the ending Inventory on Tuesday? O 40 units O 10 units 0 20 units O 80 units QUESTION 34 The following choices are keys in total quality management (TQM) approach EXCEPT -- O Never-ending push to improve (continuous improvement) O Involvement of everyone O Meet or exceed customer expectation to reach satisfaction level O Quality at the source is very important since workers are not fully responsible for doing the job right first time

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