Table $5.8$ Demand $= 52,000$ Units/year
Standard Deviation of Weekly Demand $= 110$

question 44

Multiple Choice

Table $5.8$
Demand $= 52,000$ units/year
Standard deviation of weekly demand $= 110$ units
Ordering costs $= \$ 45$ /order
Holding costs $= \$ 0.50 /$ unit/year
Cycle-service level $= 90 \%$
Lead time $= 2$ weeks
Number of weeks per year $= 52$ weeks
You will need to refer to a normal table to answer the question(s) .
-Use the information in Table 5.8. If the firm changed to a continuous review system, what would be the reorder point?

• A) 0 units
• B) greater than 0 but less than or equal to 1000 units
• C) greater than 1000 but less than or equal to 2000 units
• D) greater than 2000 units

Learn the difference between tacit and explicit knowledge and their roles in organizational learning.

Identify the importance of organizational learning and its relation to individual learning.

Recognize the factors that influence our attention and perception in organizational settings.

Understand the role of stereotyping and social identity theory in forming perceptions about individuals and groups.

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Definitions:

Motivation

The psychological process that stimulates an individual to act towards achieving a goal.

Job Rotation

The process of moving employees through a variety of jobs to increase interest and motivation.

Stagnation

A period of little or no growth or development within a business, economy, or any system.

Safety

Refers to the condition of being protected from or unlikely to cause danger, risk, or injury in the workplace or public environments.