Question: This is project section for survey 1) By and Answering the following parts, which one was the easiest to answer. Thanks :) The demand for
This is project section for survey
1) By and Answering the following parts, which one was the easiest to answer. Thanks :)
The demand for a product is 1000 units per year. Ordering cost is $20 and holding cost is $4/unit/year The cost-minimization solution for this product is to order
O a all 1000 units at one time
Ob 10 units per order
O c, every 10 days O
d. 10 times per year
O e none of the above
The intended width of a bronze bar is one-eight of an inch (0.125 inches). Inspection samples contain 4 rods each. The average range of these samples is 0.01 inches. What are the 3-sigma upper and lower control limits for the mean of this process?
O a 0 0354 and 0.0004
O b.0.3750 and 0.0413
Oc0.1323 and 0.1177
Od. 0.8954 and 4.8759
The Deming Prze is a quality award that was instituted by
Oa Japan
Ob the United States
Oc The Worid Academy for Science and Quality
Od the European Community
O e. The North American Council for Quality Standards
Daily demand for a dishwasher water pump is 30 per day, on average. The standard deviation of daily demand is 5, and the order lead time is 4 days. The desired service level is 95% What should the re-order point be? O a less 130
O b. between 130 and 140
Oc between 140 and 150
Od. between 150 and 160
O e more than 160
Demand for a product is 4000 units per year Ordering cost is $20 and holding cost is $4 per unit, per year The EOQ model is approprate. The cost-mnimizing sokution tor thes product will cost $ per year in total annual inventory costs
Oa 800
Ob 400
Oc 200
Od. 4000
O e cannot be determined because unit price is not known
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
