Multiple Choice
If mean daily demand is 20 units,lead time is 7 days,the standard deviation of demand during lead time is 12.0 units,and management has a preferred service level of 99.9% (z = 3) ,the reorder (R) level for the item would be
A) 176.00 units.
B) 56.00 units.
C) 152.00 units.
D) 104.00 units.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: In the basic EOQ model,if the lead
Q44: Hybrid inventory management systems can be derived
Q45: In the basic EOQ model, if annual
Q46: A computerized inventory system checks inventory levels
Q47: The EOQ formula could be modified to
Q49: The economic order quantity (EOQ)model for determining
Q50: An inventory management system based on a
Q51: Which of the following statements is true
Q52: Of the cost elements making up total
Q53: Which of the following statements is NOT