The Time Between Orders Is Given by the Formula ELS/D

question 26

Multiple Choice

The time between orders is given by the formula ELS/D. What is the significance of its inverse, D/ELS?

• A) the number of orders per year
• B) the time between consuming an order
• C) the ratio of demand only to production and demand cycles
• D) the ratio of the maximum inventory to the production quantity

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Definitions:

Human Vision

The ability of the human eye to detect and interpret surroundings by processing information contained in visible light.

Candle Flame

The visible part of a candle light, produced by the hot, glowing combustion of the candle wick and wax.

Optic Nerve

A cranial nerve that transmits visual information from the retina to the brain.

Retina

The light-sensitive layer of tissue at the back of the inner eye that converts light images to electrical signals sent to the brain.