Question: questions from materials management 8th edition Question 18 (3 points) List the numbers that are usually required for calculating an Order Point: 1. Demand history

questions from materials management 8th edition

Question 18 (3 points) List the numbers that are usually required for calculating an Order Point: 1. Demand history 2. Unit cost 3. Ordering cost 4. Delivery lead time 5. Review lead time 6. Forecasted demand rate 7. Periodic review target 8. Standard deviation of demand 9. Service level requirement 10. Safety stock 11. Current inventory Question 19 (4 points) List the numbers that are usually required for calculating a Periodic Review Target: 1. Demand history 2. Unit cost 3. Ordering cost 4. Delivery lead time 5. Review lead time 6. Forecasted demand rate 7. Periodic review target 8. Standard deviation of demand 9. Service level requirement 10. Safety stock 11. Current inventory A Question 20 (2 points) List the numbers that are usually required for calculating a Safety Stock: 1. Demand history 2. Unit cost 3. Ordering cost 4. Delivery lead time 5. Review lead time 6. Forecasted demand rate 7. Periodic review target 8. Standard deviation of demand 9. Service level requirement 10. Safety stock 11. Current inventory 4 Question 21 (2 points) List the numbers that are usually required for calculating a Periodic Review Order: 1. Demand history 2. Unit cost 3. Ordering cost 4. Delivery lead time 5. Review lead time 6. Forecasted demand rate 7. Periodic review target 8. Standard deviation of demand 9. Service level requirement 10. Safety stock 11. Current inventory A Question 22 (2 points) List the numbers that are usually required for calculating a Standard Deviation: 1. Demand history 2. Unit cost 3. Ordering cost 4. Delivery lead time 5. Review lead time 6. Forecasted demand rate 7. Periodic review target 8. Standard deviation of demand 9. Service level requirement 10. Safety stock 11. Current inventory A/

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