Question: Question 7 (1 point) You are responsible for maintaining an appropriate amount of inventory for Component A, using a Q-type inventory control system (fixed quantity,

Question 7 (1 point) You are responsible for
Question 7 (1 point) You are responsible for
Question 7 (1 point) You are responsible for maintaining an appropriate amount of inventory for Component A, using a Q-type inventory control system (fixed quantity, continuous review). Your company estimates your ordering cost to be 200 and the annual cost of holding this item in inventory to be 6. Annual demand for this item is forecasted to be 3,000 and the company has 250 working days per year. Your supplier's lead time is 25 days. On average, each order should last how many working days? (Round to one decimal position.) Your Answer: Answer Previous Page Next Page Page 7 of 14 Submit Quiz 2 of 14 questions saved sty @ MacBook Pro c G Search or type URL R O A $ 4 3 % 5 & 7 ) 6 8 9 O E R T Y U 0 D F G J K L C V B N M V - V Page 8 of Question 8 (1 point) You are responsible for maintaining an appropriate amount of inventory for Component A, using a Q-type inventory control system (fixed quantity, continuous review). Your company estimates your ordering cost to be 200 and the annual cost of holding this item in inventory to be 8. Annual demand for this item is forecasted to be 6,000 and the company has 300 working days per year. Your supplier's lead time is 15 days. What should you use as a reorder point if demand is constant? This is essentially the same as asking for the expected inventory usage during the period of vulnerability to stockout. (Round to the nearest integer.) Your

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