Chat with AIExam 7: Inventory
Exam 1: 21st-Century Supply Chains19 Questions
Exam 2: Supply Chain Information Technology10 Questions
Exam 3: Logistics23 Questions
Exam 4: Customer Accommodation23 Questions
Exam 5: Integrated Operations Planning25 Questions
Exam 6: Procurement and Manufacturing24 Questions
Exam 7: Inventory23 Questions
Exam 8: Transportation45 Questions
Exam 9: Warehousing, materials Handling and Packaging26 Questions
Exam 10: Global Supply Chain10 Questions
Exam 11: Network Design27 Questions
Exam 12: Relationship Management23 Questions
Exam 13: Performance Management26 Questions
Exam 14: Supply Chain Trends4 Questions
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A company recently lowered its service performance from 99% product availability to 97% product availability.The change saved the company exactly $1 million per year in inventory carrying cost.Senior management now wants to lower the service level to 95% from 97%.Such a further change is likely to save:
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(38) How many orders will RIM place in a year? (Round up to the nearest whole number. )
(Multiple Choice)
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(38) What happens to the EOQ when the unit cost increases (assuming all other variables remain the same)?
(Multiple Choice)
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