Examlex

Solved

Table 5.75.7 Demand =5200= 5200 Units/year
Standard Deviation of Weekly De Mand =11= 11

question 102

Multiple Choice

Table 5.75.7
Demand =5200= 5200 units/year
Standard deviation of weekly de mand =11= 11 units
Ordering costs =$45/= \$ 45 / order
Holding costs =$2/= \$ 2 / unit/year
Cycle-service level =90%(= 90 \% ( z for 90%=1.28) 90 \% = 1.28 )
Lead time =3= 3 weeks
Number of weeks per year =52= 52 weeks
-Use the information in Table 5.7. If a firm uses the continuous review system to control the inventory, what would be the reorder point?


Definitions:

Rationalizes Criticism

The act of providing logical reasons to justify critique, making it more acceptable.

Team Conflict

A situation where disagreements or tensions arise among members within a team, potentially leading to disputes but also opportunities for problem-solving and improvement.

Active Listening

The practice of paying full attention to a speaker, understanding their message, providing feedback, and retaining the information.

Ground Rule

Basic guidelines or rules that are established at the beginning of a meeting, discussion, or project to ensure smooth and effective operation.

Related Questions