Examlex

Solved

Table 5.85.8 Demand =52,000= 52,000 Units/year
Standard Deviation of Weekly Demand =110= 110

question 7

Multiple Choice

Table 5.85.8
Demand =52,000= 52,000 units/year
Standard deviation of weekly demand =110= 110 units
Ordering costs =$45/= \$ 45 / order
Holding costs =$0.50/= \$ 0.50 / unit // year
Cycle- service level =90%= 90 \%
Lead time =2= 2 weeks
Number of weeks per year =52= 52 weeks
You will need to refer to a normal table to answer the question(s) .
-Use the information in Table 5.8. A firm uses the periodic review system to control the item depicted above. It reviews the item's status every three weeks (P = 3) . At the most recent review an inventory clerk just checked the inventory of this item and found 1500 units. There were no scheduled receipts and no back orders. How many units should be ordered? (Hint: You must calculate T before answering this question.)


Definitions:

Virginia Legislature

The legislative body governing the Commonwealth of Virginia, consisting of two chambers: the Senate and the House of Delegates.

Gabriel's Rebellion

An unsuccessful slave revolt planned by Gabriel Prosser in 1800 in Richmond, Virginia, aiming to gain freedom for African-American slaves, but was foiled before it could be executed.

White Supervision

A social order predicated on the control, oversight, and guidance by white individuals over other racial groups, especially in historical contexts.

Alien and Sedition Acts

A series of laws passed by the U.S. Congress in 1798 that included powers to deport foreigners as well as making it harder for new immigrants to vote and making it a crime to publish "false, scandalous, and malicious writing" against the government or its officials.

Related Questions