This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements regarding the production order quantity model is true? (Read 50 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Dec 3, 2019

Question 1

An inventory decision rule states "when the inventory level goes down to 14 gearboxes, 100 gearboxes will be ordered." Which of the following statements is true?
◦ The number 100 is a function of demand during lead time.
◦ One hundred is the reorder point, and 14 is the order quantity.
◦ Fourteen is the safety stock, and 100 is the reorder point.
◦ The re-order point cannot be determined from this statement.
◦ Fourteen is the reorder point, and 100 is the order quantity.

Question 2

Which of the following statements regarding the production order quantity model is true?
◦ It applies only to items produced in the firm's own production departments.
◦ It relaxes the assumption that the demand rate is constant.
◦ It minimizes the total production costs.
◦ It relaxes the assumption that all the order quantity is received at one time.
◦ It minimizes inventory.
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rl on Dec 3, 2019

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


rl

  • Member
  • Posts: 579
Reply 2 on: Dec 3, 2019
:D TYSM

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

The threespine stickleback (Gasterosteus aculeatus) has been used as a model organism for the study The threespine stickleback (Gasterosteus aculeatus) has been used as a model organism for the study
Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production
Model Organism Neurospora Model Organism Neurospora
Heart Model Heart Model
Heart Model 2 Heart Model 2
Model of a Coincidence Detector Model of a Coincidence Detector
Video: Complement Proteins Animation

For a complete list of videos, visit our video library