The operations management objective associated with the differentiation competitive strategy is:

		a. Lower price.
		b. Quality products and quality services.
		c. Speed of delivery.
		d. Cost reduction.
		e. Lower productivity.

If variations in demand or lead time exist, the ROP will equal:

1. 		a. the EOQ.
   		b. demand during lead time.
   		c. safety stock.
   		d. the service level.
   		e. none of the above.

In the EOQ model, if the lead time increases from 10 to 15 days, the EOQ value will:

1. 		a. remain the same.
   		b. increase 50%.
   		c. decrease by 50%.
   		d. double.
   		e. none of the above.