You are facing an uncertain demand for your perishable product. You think that demand will have a mean/median of 1200 . The product costs you $13 to make and sells for $50, and any leftovers must be discarded. Should you make more or less than 1200 items to sell, in order to maximize expected profit? Less than 1200 Exactly 1200 More than 1200 Question 9 5 pts Which of the following MRP lot-sizing rules maximizes the number of periods in which we have order releases? Wagner Whitin Fixed order period Fixed order quantity Lot-for-lot Question 10 5 pts Blow You Away, Ltd., operates a line that produces ceiling fans. This line consists of single-machine stations and is almost balanced. The line has averaged 800 fans per 20-hour day, and the cycle time has averaged 2.8 hours. What would you estimate the WIP level to be? Question 11 5 pts In the EOQ model, as the holding costs goes up, the order FREQUENCY goes up. stays the same. goes down. could do anything