Table 56
Peterson Enterprises Uses a Continuous Review Inventory Control System

question 2

Multiple Choice

Table 5.6
Peterson Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year and has the following characteristics for an item:
Demand $= 50,000$ units $/$ year
Ordering cost $= \$ 35 /$ order
Holding cost $= \$ 2 /$ unit $/$ year
Lead time $= 3$ weeks
Standard deviation in weekly demand $= 125$ units
You will need to refer to a normal table to answer the question(s) .
-Use the information in Table 5.6. If Peterson wishes to provide a 90 percent cycle- service level, what is the reorder point?

• A) less than or equal to 2700 units
• B) greater than 2700 but less than or equal to 3100 units
• C) greater than 3100 but less than or equal to 3500 units
• D) greater than 3500 units

Recognize the influence of theoretical perspectives on the understanding of family dynamics.

Identify the legal and social shifts in family-related policies.

Acknowledge the significance of context in the study of families from a symbolic interactionist perspective.

Comprehend the role of gender and power relations within family settings.

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Definitions:

Total Return

A measure of the overall return on an investment, including both capital appreciation and dividends or interest, over a specific period.

Rate Of Return

The net gain or loss of an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Combined Effect

The cumulative impact of multiple factors or actions taken together, rather than individually.

Income Yield

The income return on an investment, expressed as a percentage of the investment's current market value.