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

Author Question: An inventory item of Avizone Corp. has an average daily demand of 25 units with a maximum daily ... (Read 173 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610

Question 1

The opportunity cost of the stockout is the lost revenue on the sale not made plus any lost revenue on future sales due to customer ill will.
◦ true
◦ false

Question 2

An inventory item of Avizone Corp. has an average daily demand of 25 units with a maximum daily demand of 30 units. The economic order quantity is 500 units. Without safety stocks, the reorder point is 125 units. Safety stocks are set at 235 units. 

Required: 
a.Determine the reorder point with safety stocks.
b.Determine the maximum inventory level.
c.Determine the average lead time.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by burchfield96 on Mar 6, 2021

cici

  • Sr. Member
  • ****
  • Posts: 325
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 25% of students answer this correctly




burchfield96

  • Member
  • Posts: 610
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library