Table $5.11$ The Following Information Has Been Collected on an Independent Demand

question 64

Multiple Choice

Table $5.11$
The following information has been collected on an independent demand item:
Demand $= 30$ units per week
(assume 52 weeks/ year)
Ordering and setup cost $= \$ 50$ perorder
Holding cost $= \$ 8$ per unit per year
Lead time $= 1$ week
Standard deviation in weekly demand $= 8$ units
Cycle- service level $= 90 \%$
You will need to refer to a normal table to answer the question(s) .
-Use the information from Table 5.11. Design a periodic review system (P system) , with P = 5 weeks. What target inventory T will provide the desired 90 percent cycle- service level?

• A) between 188 and 192 units
• B) between 53 and 57 units
• C) between 172 and 176 units
• D) between 202 and 206 units

Comprehend how pay influences job performance and worker motivation.

Understand the basic concepts of Freudian psychoanalytic theory including the id, ego, and superego.

Identify and explain the psychosexual stages of development according to Freud.

Describe the mechanisms of defense as proposed by Freud and their functions.

---

Definitions:

Reporting Currency

The currency used in financial statements to represent an entity's financial performance and position, often the national currency where the company is domiciled.

Price-Level-Adjusted Currency

Currency whose value is adjusted according to changes in a price index, to account for inflation or deflation.

Specific Currency

A particular currency chosen for financial transactions or accounting purposes.

Foreign Exchange

The trading and conversion of different national currencies, as well as the global marketplace where such transactions occur.