Question: QUESTION 6 We are dealing with stochastic demands in multiple periods. Here is the demand information: Day 12314 Demand2 514/13321 The initial inventory is 6.

QUESTION 6 We are dealing with stochastic demands

QUESTION 6 We are dealing with stochastic demands in multiple periods. Here is the demand information: Day 12314 Demand2 514/13321 The initial inventory is 6. The lead time is 3 days. We will receive what we ordered at the end of the day. If we are using (s, Q) policy with s=2 and Q=5. Which of the following statement is not true? O A. The order quantity on day 5 is 0. OB. The inventory position on day 9 is 3. OC. The order quantity on day 6 is 0. O D. The net inventory on day 3 is -3. QUESTION 7 Continue on Q6, if we change the policy to (s, S) with s=3 and S=6. Which of the following statement is not true? A. The order quantity on day 5 is 4. B. The inventory position on day 3 is 1. C. The order quantity on day 9 is 3. D. The net inventory on day 7 is -5. QUESTION 8 Continue on Q6, if we change the policy to (R, S) with R=4 and S=10. Which of the following statement is not true? O A. The inventory position on day 5 is 9. B. The order quantity on day 4 is 10. C. The order quantity on day 9 is 0. D. The net inventory on day 7 is -14. QUESTION 9 Continue on Q6, if we change the policy to (R, S, S) with R=3, s=2, and S=6. Which of the following statement is not true? A. The order quantity on day 6 is 0 B. The net inventory on day 7 is -5. C. The inventory position on day 5 is 1. D. The order quantity on day 9 is 6

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!