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 27 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

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

A speculum used to hold the vagina open in order to visualize the cervix. A speculum used to hold the vagina open in order to visualize the cervix.
Heart Model Heart Model
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
A model for mixed inhibition A model for mixed inhibition
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library