Multiple Choice
Compute the reorder point when weekly demand is 100 units,lead time is 2 weeks,the desired service level is 98% (which corresponds to 2.06 standard deviations from the mean) and the standard deviation of demand during lead time is 30 units.
A) 125 units
B) 262 units
C) 75 units
D) 187 units
Correct Answer:
Verified
Correct Answer:
Verified
Q32: If a firm has annual cost of
Q33: Extra stock held in anticipation of variable
Q34: In ABC inventory analysis,C items typically represent
Q35: Inventory that has been received and is
Q36: Classic Car Dealers has an average of
Q38: Hallmark manufactures greeting cards throughout the year,building
Q39: The materials manager for a tire manufacturer
Q40: Classic Kitchen cabinets has forecasted demand for
Q41: Stock that is owned by the supplier
Q42: The periodic review inventory model requires a