If Demand Is Not Uniform and Constant, Then Stockout Risks

question 66

Multiple Choice

If demand is not uniform and constant, then stockout risks can be controlled by

• A) increasing the EOQ
• B) placing an extra order
• C) raising the selling price to reduce demand
• D) adding safety stock
• E) reducing the reorder point

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Definitions:

Fixed-interval

A timing-based reinforcement plan where rewards are provided following the first response once a set timeframe concludes.

Variable-interval

An unpredictable reinforcement schedule that provides rewards after an unspecified time period following a response.

Intermittent Reinforcement

Intermittent Reinforcement is a conditioning schedule in which rewards or consequences are given only some of the time, creating strong and persistent responses.

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it is exhibited, leading to a faster acquisition of the behavior.