This topic contains a solution. Click here to go to the answer

Author Question: Safety stock a. can be determined by the EOQ formula. b. depends on the inventory position. c. ... (Read 134 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
Safety stock
 a. can be determined by the EOQ formula.
  b. depends on the inventory position.
  c. depends on the variability of demand during lead time.
  d. is not needed if Q is the actual order quantity.

Question 2

A company has developed a new computer microprocessor whose average lifetime is unknown. In order to estimate this average, 300 microprocessors are randomly selected from a large production line and tested; their average lifetime is found to be 7 years. The 300 microprocessors represent a:
 a. parameter. c. sample.
  b. statistic. d. population.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

.D

Answer to Question 2

C





 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

For a complete list of videos, visit our video library