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

Author Question: Which of the following statements regarding the production order quantity model is true? (Read 51 times)

rl

  • Hero Member
  • *****
  • Posts: 579

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.


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
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
Great answer, keep it coming :)


momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library