Use the Table Below to Answer the Following Question(s) -In EOQ Model, ________ Is the Estimate on How Long

question 36

Multiple Choice

Use the table below to answer the following question(s) .
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates) of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
$\begin{array}{l}\text { Bungalow Location }\\\begin{array}{|l|l|l|l}\hline & & & \\\hline \text { Data } & \text { X-coordinate } & Y \text {-coordinate } & \text { Trips/Month } \\\hline \text { Location } & 0 & 0 & 6 \\\hline \text { Bungalow 1 } & 25 & 100 & 30 \\\hline \text { Bungalow 2 } & 20 & 75 & 15 \\\hline \text { Bungalow 3 } & 90 & 80 & 28 \\\hline \text { Bungalow 4 } & 60 & 100 & 10\end{array}\end{array}$

-In EOQ model, ________ is the estimate on how long it takes an order to be received after it is placed.

• A)lead time
• B)safety stock
• C)time limit
• D)cycle time

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Definitions:

Managing

The act of directing and controlling a group or organization to achieve specific objectives.

Empowers Others

Inspiring and enabling individuals to gain control over their lives, make decisions, and take action.

Behavior Theories

Refer to the frameworks used to understand, explain, and predict human behavior in various contexts, incorporating principles from psychology, sociology, and anthropology.

Task

A specific duty or responsibility assigned to a person or team.