Jae's Shoes Is Considering a Change of Their Current Inventory

question 32

Multiple Choice

Jae's Shoes is considering a change of their current inventory control system for sneakers.The information regarding the neckties is: Demand = 1000 pairs/week; Lead time = 3 weeks; Order cost = $20/order; Holding cost = $10.00/pair/yr; Cycle service level = 95%; Standard deviation of weekly demand = 48; and Number of weeks per year = 52.To calculate the relative frequency use the following values: _____.

• A) Number of Days and Standard Deviation of Weekly Demand
• B) Units Sold and Demand
• C) Units Sold and Number of Days
• D) Lead Time and Holding Cost

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Definitions:

Heredity

The genetic transmission of characteristics from parents to offspring.

Environmental Factors

Constitutes the external elements, including physical, chemical, and biological aspects, that can influence living organisms.

Meiosis

A process of cell division resulting in four daughter cells each with half the number of chromosomes of the parent cell, as in the production of gametes and plant spores.

Chromosomes

Structures within the nucleus of cells that are made up of DNA and proteins and carry genetic information.